First Trust Core Investment Grade ETF (NYSEARCA:FTCB) Short Interest Update

First Trust Core Investment Grade ETF (NYSEARCA:FTCB) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 68,260 shares, a decrease of 72.1% from the April 30th total of 244,294 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 591,625 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On First Trust Core Investment Grade ETF

Several large investors have recently modified their holdings of the stock. Comerica Bank lifted its position in shares of First Trust Core Investment Grade ETF by 3.1% during the third quarter. Comerica Bank now owns 17,130 shares of the company’s stock worth $365,000 after purchasing an additional 515 shares during the last quarter. Moloney Securities Asset Management LLC raised its stake in First Trust Core Investment Grade ETF by 1.9% during the third quarter. Moloney Securities Asset Management LLC now owns 28,057 shares of the company’s stock worth $598,000 after acquiring an additional 525 shares during the period. Ameritas Advisory Services LLC raised its stake in First Trust Core Investment Grade ETF by 6.2% during the fourth quarter. Ameritas Advisory Services LLC now owns 10,242 shares of the company’s stock worth $217,000 after acquiring an additional 597 shares during the period. Ascent Group LLC raised its stake in First Trust Core Investment Grade ETF by 9.4% during the fourth quarter. Ascent Group LLC now owns 10,535 shares of the company’s stock worth $224,000 after acquiring an additional 905 shares during the period. Finally, Raleigh Capital Management Inc. raised its stake in First Trust Core Investment Grade ETF by 15.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 6,841 shares of the company’s stock worth $145,000 after acquiring an additional 912 shares during the period.

First Trust Core Investment Grade ETF Stock Performance

Shares of FTCB stock traded up $0.03 during trading hours on Friday, hitting $20.88. 491,029 shares of the company were exchanged, compared to its average volume of 754,457. First Trust Core Investment Grade ETF has a one year low of $20.59 and a one year high of $21.87. The business’s 50-day simple moving average is $20.93 and its two-hundred day simple moving average is $21.16.

First Trust Core Investment Grade ETF Company Profile

The First Trust Core Investment Grade ETF (FTCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides broad exposure to investment-grade debt securities of various maturities from around the world, including emerging markets. FTCB was launched on Nov 7, 2023 and is issued by First Trust.