First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Short Interest Down 48.1% in December

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 197,383 shares, a decline of 48.1% from the December 15th total of 380,524 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 938,538 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 938,538 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are short sold.

First Trust Enhanced Short Maturity ETF Trading Down 0.0%

NASDAQ FTSM traded down $0.01 on Thursday, hitting $60.01. 534,506 shares of the stock were exchanged, compared to its average volume of 1,058,928. The company’s 50-day moving average price is $59.99 and its two-hundred day moving average price is $59.99. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.69 and a 52-week high of $60.14.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were paid a $0.20 dividend. The ex-dividend date was Monday, December 29th. This represents a c) dividend on an annualized basis and a yield of 4.0%.

Institutional Trading of First Trust Enhanced Short Maturity ETF

Institutional investors have recently added to or reduced their stakes in the business. TFG Advisers LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF by 3.9% during the 2nd quarter. TFG Advisers LLC now owns 4,439 shares of the company’s stock worth $266,000 after purchasing an additional 168 shares during the last quarter. 360 Financial Inc. raised its holdings in First Trust Enhanced Short Maturity ETF by 0.7% during the second quarter. 360 Financial Inc. now owns 28,399 shares of the company’s stock valued at $1,700,000 after buying an additional 190 shares in the last quarter. Rathbones Group PLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.4% during the 3rd quarter. Rathbones Group PLC now owns 8,438 shares of the company’s stock valued at $506,000 after acquiring an additional 200 shares during the last quarter. PMV Capital Advisers LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 4.2% in the 4th quarter. PMV Capital Advisers LLC now owns 4,951 shares of the company’s stock valued at $297,000 after acquiring an additional 200 shares in the last quarter. Finally, Global Retirement Partners LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 3.1% in the 3rd quarter. Global Retirement Partners LLC now owns 6,754 shares of the company’s stock valued at $405,000 after acquiring an additional 202 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Company Profile

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.