Short Interest in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Rises By 212.6%

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a large growth in short interest in September. As of September 30th, there was short interest totalling 181,600 shares, a growth of 212.6% from the September 15th total of 58,100 shares. Based on an average daily trading volume, of 680,500 shares, the days-to-cover ratio is currently 0.3 days.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

FIXD remained flat at $44.43 during trading on Friday. The company’s stock had a trading volume of 765,721 shares, compared to its average volume of 729,927. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $40.86 and a 12-month high of $46.80. The stock has a fifty day simple moving average of $45.05 and a 200 day simple moving average of $43.79.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.155 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.86 annualized dividend and a yield of 4.19%. This is a boost from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.06.

Institutional Investors Weigh In On First Trust TCW Opportunistic Fixed Income ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Coppell Advisory Solutions Corp. bought a new stake in First Trust TCW Opportunistic Fixed Income ETF during the first quarter worth approximately $62,272,000. Jane Street Group LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter worth about $37,365,000. Cetera Investment Advisers boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 90.9% in the first quarter. Cetera Investment Advisers now owns 1,606,270 shares of the company’s stock worth $70,033,000 after buying an additional 764,778 shares during the period. Signature Estate & Investment Advisors LLC increased its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 11.3% in the second quarter. Signature Estate & Investment Advisors LLC now owns 7,530,581 shares of the company’s stock worth $324,192,000 after acquiring an additional 762,655 shares in the last quarter. Finally, OLD Mission Capital LLC acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the first quarter valued at approximately $19,368,000.

First Trust TCW Opportunistic Fixed Income ETF Company Profile

The First Trust TCW Opportunistic Fixed Income ETF (FIXD) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed, broad-based, and broad-maturity bond fund that aims for a weighted average duration within 1 year of the Bloomberg US Aggregate Index.