First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Stock Short Interest Rises 7,352.3%

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 414,867 shares, a growth of 7,352.3% from the September 15th total of 5,567 shares. Based on an average daily volume of 627,743 shares, the short-interest ratio is presently 0.7 days. Currently, 0.6% of the company’s shares are sold short.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.0%

FIXD stock traded up $0.02 during midday trading on Friday, hitting $41.48. The stock had a trading volume of 273,906 shares, compared to its average volume of 414,847. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $38.56 and a 12-month high of $45.15. The company’s 50-day moving average price is $42.44 and its 200 day moving average price is $43.16.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a $0.1650 dividend. This represents a $1.98 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Thursday, September 24th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FIXD. Inspirion Wealth Advisors LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the 3rd quarter valued at about $934,000. First Heartland Consultants Inc. acquired a new position in First Trust TCW Opportunistic Fixed Income ETF during the 3rd quarter worth approximately $251,000. CoreCap Advisors LLC boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 27.5% in the 3rd quarter. CoreCap Advisors LLC now owns 198,246 shares of the company’s stock worth $8,182,000 after acquiring an additional 42,816 shares during the period. Park National Corp OH purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the 3rd quarter worth approximately $30,519,000. Finally, Envestnet Portfolio Solutions Inc. grew its position in First Trust TCW Opportunistic Fixed Income ETF by 2.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 22,129 shares of the company’s stock valued at $965,000 after acquiring an additional 510 shares in the last quarter.

About First Trust TCW Opportunistic Fixed Income ETF

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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.