First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Short Interest Update

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 33,149 shares, a decrease of 59.9% from the July 30th total of 82,563 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 423,148 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of First Trust Low Duration Opportunities ETF

Several hedge funds and other institutional investors have recently bought and sold shares of LMBS. Palisade Asset Management LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the third quarter valued at approximately $26,000. Whittier Trust Co. of Nevada Inc. bought a new stake in First Trust Low Duration Opportunities ETF during the 1st quarter valued at $35,000. Bank of Montreal Can raised its holdings in First Trust Low Duration Opportunities ETF by 169.0% during the 4th quarter. Bank of Montreal Can now owns 737 shares of the company’s stock valued at $37,000 after buying an additional 463 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position in First Trust Low Duration Opportunities ETF by 38.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after buying an additional 250 shares during the period. Finally, Motiv8 Investments LLC bought a new stake in First Trust Low Duration Opportunities ETF in the 4th quarter worth $56,000.

First Trust Low Duration Opportunities ETF Stock Down 0.0%

Shares of LMBS opened at $49.58 on Friday. The stock has a 50 day simple moving average of $49.66 and a two-hundred day simple moving average of $49.87. First Trust Low Duration Opportunities ETF has a 1 year low of $47.87 and a 1 year high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 21st will be issued a $0.17 dividend. The ex-dividend date is Friday, August 21st. This represents a c) annualized dividend and a dividend yield of 4.1%.

First Trust Low Duration Opportunities ETF Company Profile

The First Trust Low Duration Opportunities ETF (LMBS) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is an actively managed fund that invests in a variety of mortgage-backed securities with target duration of less than 3 years. LMBS was launched on Nov 4, 2014 and is managed by First Trust.