First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Up 722.3% in June

by · The Cerbat Gem

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD – Get Free Report) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 74,281 shares, a growth of 722.3% from the June 15th total of 9,033 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 387,205 shares, the days-to-cover ratio is currently 0.2 days.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of FIXD traded down $0.05 during trading hours on Friday, hitting $43.35. The company’s stock had a trading volume of 180,450 shares, compared to its average volume of 408,042. The business has a 50 day simple moving average of $43.56 and a two-hundred day simple moving average of $43.96. First Trust TCW Opportunistic Fixed Income ETF has a 52-week low of $42.51 and a 52-week high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.165 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a c) annualized dividend and a yield of 4.6%.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Merkkuri Wealth Advisors LLC bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the first quarter worth $35,000. JPMorgan Chase & Co. raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 29.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock valued at $52,000 after purchasing an additional 265 shares during the period. IFC & Insurance Marketing Inc. purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter worth about $143,000. Bank of Montreal Can purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter worth about $154,000. Finally, First Horizon Corp bought a new position in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter worth about $179,000.

About First Trust TCW Opportunistic Fixed Income ETF

(Get Free Report)

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.

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