First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) Short Interest Up 8,269.6% in June

First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 117,425 shares, an increase of 8,269.6% from the June 15th total of 1,403 shares. Currently, 3.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 23,475 shares, the days-to-cover ratio is currently 5.0 days.

First Trust TCW Securitized Plus ETF Stock Up 0.1%

NYSEARCA DEED traded up $0.02 on Friday, reaching $21.37. 40,326 shares of the company’s stock traded hands, compared to its average volume of 49,076. First Trust TCW Securitized Plus ETF has a 12 month low of $20.85 and a 12 month high of $22.03. The stock has a 50-day simple moving average of $21.33 and a 200 day simple moving average of $21.50.

Hedge Funds Weigh In On First Trust TCW Securitized Plus ETF

A number of large investors have recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC boosted its position in First Trust TCW Securitized Plus ETF by 1.2% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 38,549 shares of the company’s stock valued at $833,000 after buying an additional 464 shares during the period. Altfest L J & Co. Inc. lifted its stake in shares of First Trust TCW Securitized Plus ETF by 1.9% in the 4th quarter. Altfest L J & Co. Inc. now owns 71,218 shares of the company’s stock valued at $1,538,000 after acquiring an additional 1,301 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in First Trust TCW Securitized Plus ETF by 200.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock valued at $63,000 after acquiring an additional 2,000 shares during the period. LPL Financial LLC boosted its holdings in First Trust TCW Securitized Plus ETF by 4.4% during the 4th quarter. LPL Financial LLC now owns 88,383 shares of the company’s stock valued at $1,909,000 after acquiring an additional 3,728 shares during the period. Finally, Milestones Private Investment Advisors LLC grew its position in First Trust TCW Securitized Plus ETF by 4.5% during the 1st quarter. Milestones Private Investment Advisors LLC now owns 97,485 shares of the company’s stock worth $2,079,000 after acquiring an additional 4,213 shares during the last quarter.

About First Trust TCW Securitized Plus ETF

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.