First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Short Interest Update

First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 47,503 shares, a decline of 38.1% from the May 31st total of 76,697 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 488,442 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On First Trust TCW Unconstrained Plus Bond ETF

Large investors have recently bought and sold shares of the business. Parallel Advisors LLC acquired a new position in First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter worth $36,000. Sound Income Strategies LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF during the first quarter valued at about $39,000. TD Capital Management LLC acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter worth about $48,000. Ascentis Independent Advisors acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the first quarter worth about $55,000. Finally, International Assets Investment Management LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter worth about $57,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON traded up $0.02 during mid-day trading on Thursday, hitting $24.89. 536,388 shares of the company’s stock were exchanged, compared to its average volume of 591,807. The firm has a fifty day moving average of $24.88 and a two-hundred day moving average of $25.02. First Trust TCW Unconstrained Plus Bond ETF has a twelve month low of $24.41 and a twelve month high of $25.63.

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.