First Trust Senior Loan ETF (NASDAQ:FTSL) Stock Short Interest Report for October

First Trust Senior Loan ETF (NASDAQ:FTSL) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 160,782 shares, a decline of 85.0% from the September 30th total of 1,074,421 shares. Based on an average daily volume of 387,694 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Trading of First Trust Senior Loan ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Helium Advisors LLC boosted its holdings in First Trust Senior Loan ETF by 1.6% in the 1st quarter. Helium Advisors LLC now owns 15,603 shares of the company’s stock worth $699,000 after buying an additional 243 shares during the period. Integrated Wealth Concepts LLC raised its holdings in First Trust Senior Loan ETF by 4.4% during the second quarter. Integrated Wealth Concepts LLC now owns 6,388 shares of the company’s stock valued at $286,000 after acquiring an additional 268 shares during the period. Arete Wealth Advisors LLC raised its holdings in First Trust Senior Loan ETF by 0.8% during the first quarter. Arete Wealth Advisors LLC now owns 44,621 shares of the company’s stock valued at $2,000,000 after acquiring an additional 358 shares during the period. Roxbury Financial LLC raised its holdings in First Trust Senior Loan ETF by 18.2% during the third quarter. Roxbury Financial LLC now owns 3,019 shares of the company’s stock valued at $135,000 after acquiring an additional 465 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC raised its holdings in First Trust Senior Loan ETF by 17.9% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,513 shares of the company’s stock valued at $157,000 after acquiring an additional 533 shares during the period.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ FTSL traded up $0.14 during trading on Tuesday, hitting $44.47. 226,327 shares of the company traded hands, compared to its average volume of 301,384. The business’s fifty day moving average is $44.75 and its 200 day moving average is $44.99. First Trust Senior Loan ETF has a fifty-two week low of $44.25 and a fifty-two week high of $46.09.

First Trust Senior Loan ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st will be paid a $0.2250 dividend. The ex-dividend date is Wednesday, October 21st. This represents a $2.70 annualized dividend and a dividend yield of 6.1%.

About First Trust Senior Loan ETF

The First Trust Senior Loan Fund (FTSL) is an exchange-traded fund that is based on the S&P\u002FLSTA U.S. Leveraged Loan 100 index. The fund holds senior floating rate bank loans from firms around the globe. The actively managed fund can hold up to 20% of assets in non-senior loans, including high-yield bonds and equities. FTSL was launched on May 1, 2013 and is managed by First Trust.