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

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

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM remained flat at $59.74 on Wednesday. The company had a trading volume of 535,461 shares, compared to its average volume of 841,172. The business has a 50-day moving average price of $59.70 and a 200 day moving average price of $59.85. First Trust Enhanced Short Maturity ETF has a one year low of $59.49 and a one year high of $60.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

Institutional Investors Weigh In On First Trust Enhanced Short Maturity ETF

Several large investors have recently made changes to their positions in the business. Kirkwood Financial Services purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter worth about $26,070,000. Second Line Capital LLC grew its position in First Trust Enhanced Short Maturity ETF by 1,588.1% during the second quarter. Second Line Capital LLC now owns 351,126 shares of the company’s stock valued at $21,044,000 after buying an additional 330,326 shares during the period. Oppenheimer & Co. Inc. bought a new position in First Trust Enhanced Short Maturity ETF during the third quarter valued at about $14,908,000. Gateway Wealth Partners LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 134.7% during the first quarter. Gateway Wealth Partners LLC now owns 360,020 shares of the company’s stock worth $21,522,000 after buying an additional 206,616 shares during the last quarter. Finally, Fifth Third Bancorp purchased a new stake in First Trust Enhanced Short Maturity ETF during the first quarter worth about $8,787,000.

About First Trust Enhanced Short Maturity ETF

(Get Free Report)

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.

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