First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Short Interest Up 62.4% in February

First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 130,406 shares, a growth of 62.4% from the January 29th total of 80,316 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 523,762 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 523,762 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of First Trust TCW Unconstrained Plus Bond ETF

Several hedge funds have recently modified their holdings of UCON. Parallel Advisors LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter valued at about $36,000. Bank of Montreal Can purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF during the second quarter valued at approximately $42,000. Hazlett Burt & Watson Inc. boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 166.0% in the third quarter. Hazlett Burt & Watson Inc. now owns 1,923 shares of the company’s stock valued at $48,000 after acquiring an additional 1,200 shares in the last quarter. TD Capital Management LLC purchased a new position in First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter worth $48,000. Finally, International Assets Investment Management LLC purchased a new position in First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter worth $57,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Down 0.0%

NYSEARCA UCON traded down $0.01 during midday trading on Friday, hitting $25.28. 676,752 shares of the company traded hands, compared to its average volume of 602,853. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.38 and a 52 week high of $25.63. The company’s 50-day simple moving average is $25.20 and its 200-day simple moving average is $25.18.

First Trust TCW Unconstrained Plus Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 4.3%.

First Trust TCW Unconstrained Plus Bond ETF Company Profile

The First Trust TCW Unconstrained Plus Bond ETF (UCON) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund, which broadly invests in various fixed income securities of almost any sector, maturity, or credit quality. UCON was launched on Jun 4, 2018 and is managed by First Trust.