First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 383,168 shares, an increase of 746.7% from the September 15th total of 45,252 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 400,697 shares, the short-interest ratio is presently 1.0 days.
Institutional Trading of First Trust Limited Duration Investment Grade Corporate ETF
Hedge funds have recently modified their holdings of the business. Private Client Services LLC purchased a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the third quarter valued at approximately $261,000. Envestnet Asset Management Inc. raised its position in First Trust Limited Duration Investment Grade Corporate ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,972,353 shares of the company’s stock worth $37,189,000 after acquiring an additional 7,017 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 7.4% in the second quarter. Integrated Wealth Concepts LLC now owns 209,657 shares of the company’s stock valued at $3,953,000 after acquiring an additional 14,523 shares during the period. RFG Advisory LLC lifted its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 29.1% in the second quarter. RFG Advisory LLC now owns 176,300 shares of the company’s stock valued at $3,324,000 after acquiring an additional 39,739 shares during the period. Finally, Citadel Advisors LLC acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the second quarter valued at about $10,607,000.
First Trust Limited Duration Investment Grade Corporate ETF Stock Performance
FSIG remained flat at $18.47 during trading on Friday. The company’s stock had a trading volume of 606,832 shares, compared to its average volume of 401,690. First Trust Limited Duration Investment Grade Corporate ETF has a 12 month low of $18.34 and a 12 month high of $19.33. The firm has a 50-day moving average of $18.66 and a two-hundred day moving average of $18.82.
About First Trust Limited Duration Investment Grade Corporate ETF
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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