First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Stock Short Interest Report for October

First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 115,095 shares, a growth of 148.9% from the October 15th total of 46,246 shares. Based on an average daily volume of 480,082 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

Shares of First Trust Limited Duration Investment Grade Corporate ETF stock traded up $0.01 during midday trading on Friday, reaching $18.50. The company had a trading volume of 114,879 shares, compared to its average volume of 399,606. The stock has a fifty day simple moving average of $18.53 and a 200 day simple moving average of $18.84. First Trust Limited Duration Investment Grade Corporate ETF has a 1-year low of $18.34 and a 1-year high of $19.25.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. First Trust Advisors LP raised its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 14.0% during the first quarter. First Trust Advisors LP now owns 3,272,845 shares of the company’s stock worth $61,988,000 after acquiring an additional 400,983 shares during the last quarter. Royal Bank of Canada boosted its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 2.7% in the first quarter. Royal Bank of Canada now owns 2,043,299 shares of the company’s stock valued at $38,701,000 after acquiring an additional 54,351 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,972,353 shares of the company’s stock valued at $37,189,000 after acquiring an additional 7,017 shares during the last quarter. Cetera Investment Advisers increased its position in First Trust Limited Duration Investment Grade Corporate ETF by 2.9% in the first quarter. Cetera Investment Advisers now owns 869,667 shares of the company’s stock worth $16,471,000 after purchasing an additional 24,395 shares during the period. Finally, Assetmark Inc. increased its position in First Trust Limited Duration Investment Grade Corporate ETF by 9.5% in the first quarter. Assetmark Inc. now owns 604,643 shares of the company’s stock worth $11,452,000 after purchasing an additional 52,447 shares during the period.

First Trust Limited Duration Investment Grade Corporate ETF Company Profile

The First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income from an actively managed portfolio of short-term US investment-grade corporate bonds. FSIG was launched on Nov 17, 2021 and is managed by First Trust.