First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG – Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 127,592 shares, a growth of 579.9% from the July 15th total of 18,766 shares. Based on an average daily trading volume, of 334,706 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are short sold.
Institutional Investors Weigh In On First Trust Limited Duration Investment Grade Corporate ETF
Several institutional investors have recently bought and sold shares of the business. Godfrey Financial Associates Inc. acquired a new stake in First Trust Limited Duration Investment Grade Corporate ETF in the 4th quarter valued at $36,000. Western Wealth Management LLC purchased a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF during the 1st quarter valued at approximately $41,000. Geneos Wealth Management Inc. grew its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 68.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,871 shares of the company’s stock worth $55,000 after acquiring an additional 1,169 shares in the last quarter. Triumph Capital Management acquired a new position in First Trust Limited Duration Investment Grade Corporate ETF in the third quarter worth about $91,000. Finally, Advisory Services Network LLC acquired a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 3rd quarter worth approximately $143,000.
First Trust Limited Duration Investment Grade Corporate ETF Price Performance
Shares of FSIG traded up $0.02 during mid-day trading on Wednesday, hitting $18.84. The company had a trading volume of 265,317 shares, compared to its average volume of 410,415. The business’s 50-day simple moving average is $18.85 and its 200-day simple moving average is $18.97. First Trust Limited Duration Investment Grade Corporate ETF has a 1-year low of $18.71 and a 1-year high of $19.33.
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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