First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) Shares Shorted: Short Interest Up 342.5% in September

First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 2,602 shares, a growth of 342.5% from the September 15th total of 588 shares. Based on an average daily trading volume, of 12,543 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

First Trust TCW Securitized Plus ETF Price Performance

Shares of NYSEARCA DEED remained flat at $20.37 during midday trading on Friday. The company had a trading volume of 5,533 shares, compared to its average volume of 42,189. First Trust TCW Securitized Plus ETF has a 52-week low of $20.21 and a 52-week high of $22.03. The company’s 50-day moving average is $20.85 and its two-hundred day moving average is $21.16.

Institutional Trading of First Trust TCW Securitized Plus ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in DEED. Citadel Advisors LLC grew its stake in shares of First Trust TCW Securitized Plus ETF by 162.6% in the 2nd quarter. Citadel Advisors LLC now owns 100,748 shares of the company’s stock valued at $2,154,000 after purchasing an additional 62,384 shares during the last quarter. NI Acquisitions Company LLC acquired a new position in shares of First Trust TCW Securitized Plus ETF in the second quarter valued at approximately $227,000. Puff Wealth Management LLC acquired a new position in shares of First Trust TCW Securitized Plus ETF in the second quarter valued at approximately $415,000. Milestones Private Investment Advisors LLC raised its stake in shares of 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 purchasing an additional 4,213 shares during the last quarter. Finally, Signal Advisors Wealth LLC raised its stake in shares of First Trust TCW Securitized Plus ETF by 73.7% during the first quarter. Signal Advisors Wealth LLC now owns 17,765 shares of the company’s stock worth $379,000 after purchasing an additional 7,538 shares during the last quarter.

First Trust TCW Securitized Plus ETF Company Profile

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.