First Trust Enhanced Stocks, Bonds & Gold ETF (NYSEARCA:ESBG) Short Interest Up 88.6% in August

First Trust Enhanced Stocks, Bonds & Gold ETF (NYSEARCA:ESBG) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,356 shares, a growth of 88.6% from the August 15th total of 719 shares. Approximately 1.4% of the company’s shares are short sold. Based on an average daily trading volume, of 928 shares, the days-to-cover ratio is presently 1.5 days.

First Trust Enhanced Stocks, Bonds & Gold ETF Trading Up 2.2%

NYSEARCA ESBG opened at $21.37 on Friday. The business’s 50-day moving average price is $21.38 and its two-hundred day moving average price is $21.75. First Trust Enhanced Stocks, Bonds & Gold ETF has a 12 month low of $19.86 and a 12 month high of $27.03.

Institutional Trading of First Trust Enhanced Stocks, Bonds & Gold ETF

A hedge fund recently raised its stake in First Trust Enhanced Stocks, Bonds & Gold ETF stock. HBW Advisory Services LLC raised its position in shares of First Trust Enhanced Stocks, Bonds & Gold ETF (NYSEARCA:ESBG) by 82.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 19,096 shares of the company’s stock after purchasing an additional 8,631 shares during the quarter. HBW Advisory Services LLC owned approximately 19.10% of First Trust Enhanced Stocks, Bonds & Gold ETF worth $405,000 at the end of the most recent quarter.