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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 120,600 shares, an increase of 61.0% from the January 31st total of 74,900 shares. Based on an average trading volume of 477,800 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Beacon Financial Advisory LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 12.2% during the third quarter. Beacon Financial Advisory LLC now owns 6,942 shares of the company’s stock valued at $343,000 after purchasing an additional 754 shares in the last quarter. Principal Securities Inc. lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 26.2% during the fourth quarter. Principal Securities Inc. now owns 18,690 shares of the company’s stock valued at $910,000 after purchasing an additional 3,875 shares in the last quarter. Claro Advisors LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 2.9% during the fourth quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock valued at $431,000 after purchasing an additional 249 shares in the last quarter. TFB Advisors LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 13.8% during the third quarter. TFB Advisors LLC now owns 13,307 shares of the company’s stock valued at $657,000 after purchasing an additional 1,613 shares in the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 2.0% during the third quarter. HighTower Advisors LLC now owns 349,475 shares of the company’s stock valued at $17,273,000 after purchasing an additional 6,854 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ LMBS remained flat at $49.14 during trading on Monday. The stock had a trading volume of 476,920 shares, compared to its average volume of 496,498. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49. The business’s 50-day moving average is $48.70 and its 200-day moving average is $48.90.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were paid a $0.17 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.15%.

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.