First Trust Senior Loan ETF (NASDAQ:FTSL) Short Interest Down 37.5% in July

First Trust Senior Loan ETF (NASDAQ:FTSLGet Free Report) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 160,128 shares, a decrease of 37.5% from the July 15th total of 256,371 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 204,456 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On First Trust Senior Loan ETF

Several large investors have recently bought and sold shares of FTSL. Helium Advisors LLC increased its position in shares of First Trust Senior Loan ETF by 1.6% during the fourth quarter. Helium Advisors LLC now owns 15,360 shares of the company’s stock worth $705,000 after purchasing an additional 238 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of First Trust Senior Loan ETF by 0.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 40,887 shares of the company’s stock valued at $1,876,000 after purchasing an additional 253 shares during the period. Strategic Blueprint LLC grew its stake in First Trust Senior Loan ETF by 1.5% during the 4th quarter. Strategic Blueprint LLC now owns 17,428 shares of the company’s stock worth $800,000 after buying an additional 262 shares during the last quarter. CreativeOne Wealth LLC grew its stake in First Trust Senior Loan ETF by 4.5% during the 3rd quarter. CreativeOne Wealth LLC now owns 7,186 shares of the company’s stock worth $329,000 after buying an additional 311 shares during the last quarter. Finally, Capital Analysts LLC increased its position in First Trust Senior Loan ETF by 3.3% during the fourth quarter. Capital Analysts LLC now owns 9,722 shares of the company’s stock worth $446,000 after buying an additional 314 shares during the period.

First Trust Senior Loan ETF Stock Performance

FTSL stock remained flat at $44.97 during midday trading on Tuesday. 181,393 shares of the company’s stock were exchanged, compared to its average volume of 288,939. First Trust Senior Loan ETF has a 12 month low of $44.37 and a 12 month high of $46.15. The company’s fifty day moving average price is $44.87 and its 200-day moving average price is $44.98.

First Trust Senior Loan ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were given a $0.225 dividend. The ex-dividend date of this dividend was Tuesday, July 21st. This represents a c) dividend on an annualized basis and a yield of 6.0%.

First Trust Senior Loan ETF Company Profile

(Get Free Report)

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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