First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS – Get Free Report) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 23,784 shares, a growth of 267.5% from the June 30th total of 6,471 shares. Based on an average trading volume of 345,516 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.
Hedge Funds Weigh In On First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
Hedge funds have recently bought and sold shares of the business. Morgan Stanley grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 8.2% in the fourth quarter. Morgan Stanley now owns 6,476,051 shares of the company’s stock worth $271,088,000 after purchasing an additional 488,701 shares during the last quarter. LPL Financial LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 9.3% during the 4th quarter. LPL Financial LLC now owns 3,937,904 shares of the company’s stock valued at $164,841,000 after buying an additional 335,843 shares in the last quarter. First Trust Advisors LP lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 0.4% during the 4th quarter. First Trust Advisors LP now owns 2,799,443 shares of the company’s stock valued at $117,185,000 after buying an additional 10,695 shares in the last quarter. UBS Group AG boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.7% in the 4th quarter. UBS Group AG now owns 1,088,239 shares of the company’s stock valued at $45,554,000 after buying an additional 49,286 shares during the period. Finally, Royal Bank of Canada boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.6% in the 1st quarter. Royal Bank of Canada now owns 751,041 shares of the company’s stock valued at $30,470,000 after buying an additional 39,905 shares during the period.
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.1%
Shares of HYLS traded down $0.03 during mid-day trading on Monday, reaching $40.42. 234,257 shares of the company’s stock traded hands, compared to its average volume of 271,247. The stock’s 50-day moving average is $40.78 and its two-hundred day moving average is $41.05. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $40.01 and a 12 month high of $42.40.
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Dividend Announcement
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company Profile
The First Trust Tactical High Yield ETF (HYLS) is an exchange-traded fund that is based on the ICE BoFA US High Yield Constrained index. The fund is an actively managed fund holding up to 130% in long positions in high yield bonds it expects to outperform, and up to 30% short positions in issues it expects to underperform. HYLS was launched on Feb 27, 2013 and is managed by First Trust.
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