First Trust Enhanced Stocks, Bonds & Gold ETF (NYSEARCA:ESBG) Shares Shorted: Short Interest Down 48.6% in October

First Trust Enhanced Stocks, Bonds & Gold ETF (NYSEARCA:ESBG) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 259 shares, a decrease of 48.6% from the September 30th total of 504 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 680 shares, the days-to-cover ratio is currently 0.4 days.

First Trust Enhanced Stocks, Bonds & Gold ETF Price Performance

NYSEARCA ESBG traded down $0.69 during trading on Friday, hitting $19.53. 134 shares of the company traded hands, compared to its average volume of 1,137. First Trust Enhanced Stocks, Bonds & Gold ETF has a 12 month low of $19.53 and a 12 month high of $27.03. The business has a fifty day simple moving average of $21.11 and a 200 day simple moving average of $21.86.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in First Trust Enhanced Stocks, Bonds & Gold ETF stock. HBW Advisory Services LLC lifted its stake in First Trust Enhanced Stocks, Bonds & Gold ETF (NYSEARCA:ESBG) by 82.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,096 shares of the company’s stock after acquiring an additional 8,631 shares during the period. HBW Advisory Services LLC owned 19.10% of First Trust Enhanced Stocks, Bonds & Gold ETF worth $405,000 at the end of the most recent reporting period.