First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Stock Short Interest Report for October

First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 115,095 shares, a growth of 148.9% from the October 15th total of 46,246 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 480,082 shares, the days-to-cover ratio is currently 0.2 days.

First Trust Limited Duration Investment Grade Corporate ETF Stock Up 0.0%

Shares of NYSEARCA:FSIG traded up $0.01 during trading on Friday, hitting $18.50. 114,879 shares of the company’s stock were exchanged, compared to its average volume of 399,606. First Trust Limited Duration Investment Grade Corporate ETF has a 1-year low of $18.34 and a 1-year high of $19.25. The firm has a 50-day moving average price of $18.53 and a two-hundred day moving average price of $18.84.

Hedge Funds Weigh In On First Trust Limited Duration Investment Grade Corporate ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Citadel Advisors LLC acquired a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the 2nd quarter worth $10,607,000. RFG Advisory LLC lifted its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 29.1% in the 2nd quarter. RFG Advisory LLC now owns 176,300 shares of the company’s stock valued at $3,324,000 after purchasing an additional 39,739 shares during the period. Royal Bank of Canada lifted its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 2.7% in the 1st quarter. Royal Bank of Canada now owns 2,043,299 shares of the company’s stock valued at $38,701,000 after purchasing an additional 54,351 shares during the period. Kintra Wealth LLC bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 2nd quarter worth $6,493,000. Finally, Gateway Wealth Partners LLC boosted its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 150.2% in the 1st quarter. Gateway Wealth Partners LLC now owns 56,847 shares of the company’s stock worth $1,077,000 after purchasing an additional 34,127 shares during the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Company Profile

The First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income from an actively managed portfolio of short-term US investment-grade corporate bonds. FSIG was launched on Nov 17, 2021 and is managed by First Trust.