First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Stock Short Interest Report for October

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 110,289 shares, a decline of 82.4% from the September 30th total of 627,101 shares. Based on an average daily trading volume, of 892,986 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

First Trust Enhanced Short Maturity ETF stock traded up $0.02 on Thursday, reaching $59.76. 554,219 shares of the stock were exchanged, compared to its average volume of 839,826. The firm has a fifty day moving average price of $59.70 and a two-hundred day moving average price of $59.85. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.49 and a twelve month high of $60.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 2nd. Shareholders of record on Wednesday, September 30th were issued a $0.2050 dividend. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2040. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $2.46 dividend on an annualized basis and a yield of 4.1%.

Institutional Trading of First Trust Enhanced Short Maturity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Opinicus Capital Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 22.0% in the 3rd quarter. Opinicus Capital Inc. now owns 103,675 shares of the company’s stock worth $6,170,000 after purchasing an additional 18,712 shares during the last quarter. MGO One Seven LLC grew its stake in shares of First Trust Enhanced Short Maturity ETF by 27.6% during the third quarter. MGO One Seven LLC now owns 78,738 shares of the company’s stock worth $4,686,000 after purchasing an additional 17,032 shares during the period. Founders Financial Securities LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the third quarter valued at about $454,000. Blueprint Investment Partners LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 98.9% in the third quarter. Blueprint Investment Partners LLC now owns 127,999 shares of the company’s stock valued at $7,617,000 after purchasing an additional 63,659 shares during the last quarter. Finally, Blueprint Financial Advisors LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 25.7% during the third quarter. Blueprint Financial Advisors LLC now owns 124,927 shares of the company’s stock worth $7,434,000 after buying an additional 25,529 shares during the last quarter.

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.