First Trust Senior Loan ETF (NASDAQ:FTSL) Short Interest Update

First Trust Senior Loan ETF (NASDAQ:FTSL) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 63,183 shares, a decrease of 60.5% from the July 30th total of 160,128 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 183,126 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in FTSL. Helium Advisors LLC lifted its position in First Trust Senior Loan ETF by 1.6% during the 4th quarter. Helium Advisors LLC now owns 15,360 shares of the company’s stock worth $705,000 after buying an additional 238 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in First Trust Senior Loan ETF by 0.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 40,887 shares of the company’s stock valued at $1,876,000 after purchasing an additional 253 shares in the last quarter. Strategic Blueprint LLC increased its position in shares of First Trust Senior Loan ETF by 1.5% during the 4th quarter. Strategic Blueprint LLC now owns 17,428 shares of the company’s stock worth $800,000 after purchasing an additional 262 shares during the last quarter. CreativeOne Wealth LLC increased its position in shares of First Trust Senior Loan ETF by 4.5% during the 3rd quarter. CreativeOne Wealth LLC now owns 7,186 shares of the company’s stock worth $329,000 after purchasing an additional 311 shares during the last quarter. Finally, Capital Analysts LLC increased its position in shares of First Trust Senior Loan ETF by 3.3% during the 4th quarter. Capital Analysts LLC now owns 9,722 shares of the company’s stock worth $446,000 after purchasing an additional 314 shares during the last quarter.

First Trust Senior Loan ETF Price Performance

FTSL stock traded up $0.05 during trading hours on Friday, reaching $44.90. 170,771 shares of the stock were exchanged, compared to its average volume of 284,435. The firm’s 50-day moving average is $44.86 and its 200-day moving average is $44.95. First Trust Senior Loan ETF has a 12 month low of $44.37 and a 12 month high of $46.15.

First Trust Senior Loan ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 21st will be issued a dividend of $0.225 per share. The ex-dividend date is Friday, August 21st. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%.

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.