First Trust Core Investment Grade ETF (NYSEARCA:FTCB) Shares Shorted: Short Interest Up 362.4% in September

First Trust Core Investment Grade ETF (NYSEARCA:FTCB) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 581,604 shares, a growth of 362.4% from the September 15th total of 125,783 shares. Based on an average trading volume of 605,187 shares, the short-interest ratio is presently 1.0 days. Approximately 0.4% of the shares of the company are short sold.

Institutional Trading of First Trust Core Investment Grade ETF

A number of large investors have recently bought and sold shares of FTCB. LVZ Inc. increased its stake in First Trust Core Investment Grade ETF by 4.6% in the 1st quarter. LVZ Inc. now owns 3,240,435 shares of the company’s stock worth $67,920,000 after acquiring an additional 142,672 shares during the last quarter. Bouchey Financial Group Ltd. raised its holdings in shares of First Trust Core Investment Grade ETF by 55.1% in the 2nd quarter. Bouchey Financial Group Ltd. now owns 2,928,857 shares of the company’s stock valued at $61,081,000 after acquiring an additional 1,040,581 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of First Trust Core Investment Grade ETF by 30.5% in the 1st quarter. Cetera Investment Advisers now owns 2,750,968 shares of the company’s stock valued at $57,660,000 after acquiring an additional 643,247 shares in the last quarter. Kintra Wealth LLC boosted its position in shares of First Trust Core Investment Grade ETF by 124.3% during the 2nd quarter. Kintra Wealth LLC now owns 2,224,625 shares of the company’s stock valued at $45,872,000 after acquiring an additional 1,232,810 shares during the last quarter. Finally, Stephens Inc. AR boosted its position in shares of First Trust Core Investment Grade ETF by 58.6% during the 1st quarter. Stephens Inc. AR now owns 1,999,530 shares of the company’s stock valued at $41,910,000 after acquiring an additional 738,861 shares during the last quarter.

First Trust Core Investment Grade ETF Trading Up 0.1%

Shares of NYSEARCA:FTCB traded up $0.01 during mid-day trading on Friday, reaching $19.83. The company had a trading volume of 1,455,463 shares, compared to its average volume of 766,711. The company’s 50-day moving average price is $20.30 and its 200-day moving average price is $20.66. First Trust Core Investment Grade ETF has a one year low of $19.65 and a one year high of $21.60.

First Trust Core Investment Grade ETF Company Profile

The First Trust Core Investment Grade ETF (FTCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides broad exposure to investment-grade debt securities of various maturities from around the world, including emerging markets. FTCB was launched on Nov 7, 2023 and is issued by First Trust.