Daily Stock Market Reports

Short Interest in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Grows By


First Trust Low Duration Opportunities ETF (NASDAQ:LMBSGet Rating) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 424,700 shares, an increase of 141.0% from the August 31st total of 176,200 shares. Based on an average daily trading volume, of 579,000 shares, the short-interest ratio is currently 0.7 days.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS stock traded up $0.10 on Wednesday, reaching $47.51. The stock had a trading volume of 750,358 shares, compared to its average volume of 725,314. First Trust Low Duration Opportunities ETF has a 1 year low of $47.30 and a 1 year high of $50.84. The company has a 50 day simple moving average of $48.28 and a 200 day simple moving average of $48.50.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, September 30th. Investors of record on Monday, September 26th will be issued a $0.078 dividend. The ex-dividend date is Friday, September 23rd. This represents a $0.94 dividend on an annualized basis and a yield of 1.97%.

Hedge Funds Weigh In On First Trust Low Duration Opportunities ETF

A number of institutional investors have recently bought and sold shares of the stock. BNP Paribas Arbitrage SA bought a new stake in First Trust Low Duration Opportunities ETF during the fourth quarter valued at about $161,000. San Luis Wealth Advisors LLC raised its holdings in First Trust Low Duration Opportunities ETF by 196.7% during the fourth quarter. San Luis Wealth Advisors LLC now owns 33,829 shares of the company’s stock valued at $1,691,000 after acquiring an additional 22,426 shares during the period. Bivin & Associates Inc. bought a new stake in First Trust Low Duration Opportunities ETF during the fourth quarter valued at about $79,000. 626 Financial LLC bought a new stake in First Trust Low Duration Opportunities ETF during the fourth quarter valued at about $3,762,000. Finally, Cetera Investment Advisers raised its holdings in First Trust Low Duration Opportunities ETF by 7.4% during the fourth quarter. Cetera Investment Advisers now owns 1,116,611 shares of the company’s stock valued at $55,819,000 after acquiring an additional 76,914 shares during the period.

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