First Trust Enhanced Stocks, Bonds & Gold ETF (NYSEARCA:ESBG) Shares Shorted: Short Interest Down 63.3% in September

First Trust Enhanced Stocks, Bonds & Gold ETF (NYSEARCA:ESBG) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 504 shares, a drop of 63.3% from the September 15th total of 1,373 shares. Based on an average trading volume of 341 shares, the short-interest ratio is currently 1.5 days. Approximately 0.5% of the company’s stock are sold short.

First Trust Enhanced Stocks, Bonds & Gold ETF Price Performance

ESBG traded down $0.34 during midday trading on Wednesday, reaching $20.43. The company’s stock had a trading volume of 214 shares, compared to its average volume of 1,131. First Trust Enhanced Stocks, Bonds & Gold ETF has a 1 year low of $19.86 and a 1 year high of $27.03. The stock’s 50-day moving average is $21.52 and its 200-day moving average is $21.51.

Institutional Trading of First Trust Enhanced Stocks, Bonds & Gold ETF

A hedge fund recently raised its position in First Trust Enhanced Stocks, Bonds & Gold ETF stock. HBW Advisory Services LLC increased its stake in First Trust Enhanced Stocks, Bonds & Gold ETF (NYSEARCA:ESBG) by 82.5% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 19,096 shares of the company’s stock after buying 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 as of its most recent filing with the Securities & Exchange Commission.