First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Short Interest Update

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 23,127 shares, a decrease of 92.4% from the July 30th total of 305,137 shares. Based on an average trading volume of 582,863 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On First Trust Enhanced Short Maturity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CoreCap Advisors LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 16.9% in the 2nd quarter. CoreCap Advisors LLC now owns 1,232 shares of the company’s stock worth $74,000 after purchasing an additional 178 shares during the period. Evolution Wealth Management Inc. raised its stake in First Trust Enhanced Short Maturity ETF by 6.4% during the 1st quarter. Evolution Wealth Management Inc. now owns 3,452 shares of the company’s stock valued at $206,000 after purchasing an additional 209 shares during the period. Proactive Wealth Strategies LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 0.5% in the fourth quarter. Proactive Wealth Strategies LLC now owns 66,975 shares of the company’s stock valued at $4,014,000 after purchasing an additional 318 shares in the last quarter. Principal Securities Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.1% in the fourth quarter. Principal Securities Inc. now owns 31,456 shares of the company’s stock valued at $1,885,000 after purchasing an additional 346 shares in the last quarter. Finally, Del Sette Capital Management LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 9.1% in the first quarter. Del Sette Capital Management LLC now owns 4,286 shares of the company’s stock worth $256,000 after buying an additional 357 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

FTSM traded up $0.02 during trading on Thursday, reaching $59.91. The company’s stock had a trading volume of 530,307 shares, compared to its average volume of 854,471. The firm has a fifty day simple moving average of $59.83 and a two-hundred day simple moving average of $59.88. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.70 and a 1 year high of $60.14.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, August 4th. Investors of record on Friday, July 31st were issued a $0.206 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, July 31st.

About First Trust Enhanced Short Maturity ETF

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.