First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) Short Interest Up 8,269.6% in June

by · The Cerbat Gem

First Trust TCW Securitized Plus ETF (NYSEARCA:DEED – Get Free Report) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 117,425 shares, a growth of 8,269.6% from the June 15th total of 1,403 shares. Based on an average trading volume of 23,475 shares, the short-interest ratio is presently 5.0 days. Approximately 3.9% of the company’s stock are sold short.

First Trust TCW Securitized Plus ETF Trading Up 0.1%

Shares of DEED traded up $0.02 on Friday, reaching $21.37. The stock had a trading volume of 40,326 shares, compared to its average volume of 49,076. First Trust TCW Securitized Plus ETF has a 12-month low of $20.85 and a 12-month high of $22.03. The company has a 50-day simple moving average of $21.33 and a 200-day simple moving average of $21.50.

Hedge Funds Weigh In On First Trust TCW Securitized Plus ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Guided Capital Wealth Management LLC boosted its holdings in shares of First Trust TCW Securitized Plus ETF by 27.1% during the 4th quarter. Guided Capital Wealth Management LLC now owns 425,437 shares of the company’s stock valued at $9,189,000 after buying an additional 90,756 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of First Trust TCW Securitized Plus ETF by 30.7% in the 4th quarter. NewEdge Advisors LLC now owns 312,276 shares of the company’s stock worth $6,745,000 after acquiring an additional 73,380 shares in the last quarter. Raymond James Financial Inc. lifted its position in First Trust TCW Securitized Plus ETF by 4.7% during the 3rd quarter. Raymond James Financial Inc. now owns 165,127 shares of the company’s stock valued at $3,530,000 after acquiring an additional 7,339 shares during the period. Equitable Holdings Inc. lifted its position in First Trust TCW Securitized Plus ETF by 10.3% during the 4th quarter. Equitable Holdings Inc. now owns 116,166 shares of the company’s stock valued at $2,509,000 after acquiring an additional 10,803 shares during the period. Finally, Milestones Private Investment Advisors LLC boosted its stake in First Trust TCW Securitized Plus ETF by 4.5% during the first quarter. Milestones Private Investment Advisors LLC now owns 97,485 shares of the company’s stock worth $2,079,000 after acquiring an additional 4,213 shares in the last quarter.

About First Trust TCW Securitized Plus ETF

(Get Free Report)

The First Trust TCW Securitized Plus ETF (DEED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund of US securitized debt securities that have broad maturities. DEED was launched on Apr 29, 2020 and is managed by First Trust.

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