First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG – Get Free Report) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 46,246 shares, a drop of 87.9% from the September 30th total of 383,168 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 653,785 shares, the days-to-cover ratio is currently 0.1 days.
First Trust Limited Duration Investment Grade Corporate ETF Stock Performance
First Trust Limited Duration Investment Grade Corporate ETF stock opened at $18.51 on Thursday. First Trust Limited Duration Investment Grade Corporate ETF has a 1-year low of $18.34 and a 1-year high of $19.27. The firm’s fifty day simple moving average is $18.57 and its 200-day simple moving average is $18.88.
Hedge Funds Weigh In On First Trust Limited Duration Investment Grade Corporate ETF
Several institutional investors have recently bought and sold shares of the stock. Western Wealth Management LLC bought a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the first quarter valued at about $41,000. Compass Financial Management LLC acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the second quarter valued at about $62,000. NI Acquisitions Company LLC acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the second quarter valued at about $114,000. Private Client Services LLC bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the third quarter worth about $261,000. Finally, Dynamic Advisor Solutions LLC bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the second quarter worth about $270,000.
First Trust Limited Duration Investment Grade Corporate ETF Company Profile
The First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income from an actively managed portfolio of short-term US investment-grade corporate bonds. FSIG was launched on Nov 17, 2021 and is managed by First Trust.
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