First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Up 40.9% in January

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 89,801 shares, a growth of 40.9% from the January 15th total of 63,735 shares. Based on an average daily volume of 372,333 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 372,333 shares, the short-interest ratio is currently 0.2 days.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.3%

Shares of FIXD stock opened at $44.79 on Friday. The firm has a 50 day moving average of $44.35 and a 200-day moving average of $44.38. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $41.16 and a 52 week high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st were issued a $0.165 dividend. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Wednesday, January 21st.

Hedge Funds Weigh In On First Trust TCW Opportunistic Fixed Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Founders Financial Alliance LLC increased its position in First Trust TCW Opportunistic Fixed Income ETF by 309.9% in the 3rd quarter. Founders Financial Alliance LLC now owns 660 shares of the company’s stock valued at $29,000 after buying an additional 499 shares in the last quarter. Richardson Capital Management LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the third quarter valued at approximately $37,000. JPMorgan Chase & Co. increased its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 29.5% during the third quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock valued at $52,000 after acquiring an additional 265 shares in the last quarter. IFC & Insurance Marketing Inc. acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth approximately $143,000. Finally, Bank of Montreal Can bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter worth $154,000.

First Trust TCW Opportunistic Fixed Income ETF Company Profile

The First Trust TCW Opportunistic Fixed Income ETF (FIXD) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed, broad-based, and broad-maturity bond fund that aims for a weighted average duration within 1 year of the Bloomberg US Aggregate Index. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.