First Trust Senior Loan ETF (NASDAQ:FTSL – Get Free Report) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 256,371 shares, an increase of 330.2% from the June 30th total of 59,597 shares. Based on an average trading volume of 258,225 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.5% of the shares of the stock are short sold.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Brighton Jones LLC boosted its holdings in shares of First Trust Senior Loan ETF by 22.4% in the 4th quarter. Brighton Jones LLC now owns 5,860 shares of the company’s stock worth $271,000 after purchasing an additional 1,073 shares during the period. Goldman Sachs Group Inc. purchased a new stake in shares of First Trust Senior Loan ETF in the first quarter valued at $5,254,000. Qube Research & Technologies Ltd lifted its holdings in shares of First Trust Senior Loan ETF by 111.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,251 shares of the company’s stock worth $149,000 after acquiring an additional 1,714 shares during the last quarter. Betterment LLC boosted its stake in shares of First Trust Senior Loan ETF by 9.0% during the 2nd quarter. Betterment LLC now owns 8,957 shares of the company’s stock worth $411,000 after purchasing an additional 741 shares during the period. Finally, Ausdal Financial Partners Inc. grew its holdings in First Trust Senior Loan ETF by 316.0% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 23,860 shares of the company’s stock valued at $1,095,000 after purchasing an additional 18,125 shares during the last quarter.
First Trust Senior Loan ETF Trading Down 0.0%
FTSL traded down $0.01 during trading hours on Monday, hitting $44.73. The company’s stock had a trading volume of 102,128 shares, compared to its average volume of 300,366. The business’s 50-day moving average price is $44.91 and its 200-day moving average price is $45.11. First Trust Senior Loan ETF has a 12 month low of $44.37 and a 12 month high of $46.15.
First Trust Senior Loan ETF Dividend Announcement
About First Trust Senior Loan ETF
The First Trust Senior Loan Fund (FTSL) is an exchange-traded fund that is based on the S&P\u002FLSTA U.S. Leveraged Loan 100 index. The fund holds senior floating rate bank loans from firms around the globe. The actively managed fund can hold up to 20% of assets in non-senior loans, including high-yield bonds and equities. FTSL was launched on May 1, 2013 and is managed by First Trust.
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