First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Short Interest Update

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) saw a large decrease in short interest in January. As of January 15th, there was short interest totalling 500 shares, a decrease of 95.6% from the December 31st total of 11,300 shares. Based on an average trading volume of 33,100 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of LDSF. Sanctuary Advisors LLC acquired a new stake in shares of First Trust Low Duration Strategic Focus ETF during the 2nd quarter worth about $2,008,000. Cedrus LLC raised its position in shares of First Trust Low Duration Strategic Focus ETF by 14.7% during the 3rd quarter. Cedrus LLC now owns 512,084 shares of the company’s stock worth $9,812,000 after acquiring an additional 65,677 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its stake in First Trust Low Duration Strategic Focus ETF by 12.5% in the third quarter. Creative Financial Designs Inc. ADV now owns 16,666 shares of the company’s stock valued at $319,000 after acquiring an additional 1,858 shares in the last quarter. Axxcess Wealth Management LLC increased its holdings in shares of First Trust Low Duration Strategic Focus ETF by 3.9% in the 3rd quarter. Axxcess Wealth Management LLC now owns 299,813 shares of the company’s stock valued at $5,744,000 after acquiring an additional 11,355 shares during the period. Finally, Proactive Wealth Strategies LLC purchased a new stake in First Trust Low Duration Strategic Focus ETF during the 3rd quarter valued at approximately $779,000.

First Trust Low Duration Strategic Focus ETF Price Performance

NASDAQ LDSF traded up $0.02 during trading on Tuesday, hitting $18.80. The company’s stock had a trading volume of 3,732 shares, compared to its average volume of 24,943. The business’s 50 day simple moving average is $18.82 and its 200-day simple moving average is $18.93. First Trust Low Duration Strategic Focus ETF has a fifty-two week low of $17.70 and a fifty-two week high of $19.26.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be issued a dividend of $0.072 per share. This represents a $0.86 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date of this dividend is Wednesday, January 22nd.

About First Trust Low Duration Strategic Focus ETF

The First Trust Low Duration Strategic Focus ETF (LDSF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds. Holdings consist of short-term fixed income securities, primarily from US issuers LDSF was launched on Jan 3, 2019 and is managed by First Trust.