First Trust High Income Strategic Focus ETF (NASDAQ:HISF) Short Interest Update

First Trust High Income Strategic Focus ETF (NASDAQ:HISF) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 5,100 shares, a growth of 1,600.0% from the November 30th total of 300 shares. Based on an average trading volume of 5,100 shares, the short-interest ratio is currently 1.0 days.

First Trust High Income Strategic Focus ETF Trading Up 0.1 %

Shares of HISF traded up $0.05 during mid-day trading on Thursday, hitting $43.82. The company’s stock had a trading volume of 361 shares, compared to its average volume of 4,291. The firm has a market capitalization of $43.82 million, a price-to-earnings ratio of 0.06 and a beta of 0.46. First Trust High Income Strategic Focus ETF has a 52-week low of $42.95 and a 52-week high of $45.96. The company’s 50-day moving average is $44.34 and its 200-day moving average is $44.63.

First Trust High Income Strategic Focus ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a dividend of $0.167 per share. The ex-dividend date is Friday, December 13th.

Institutional Trading of First Trust High Income Strategic Focus ETF

A number of institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new stake in shares of First Trust High Income Strategic Focus ETF in the 2nd quarter valued at $46,000. tru Independence LLC raised its holdings in First Trust High Income Strategic Focus ETF by 4.1% in the 2nd quarter. tru Independence LLC now owns 44,082 shares of the company’s stock worth $1,930,000 after purchasing an additional 1,739 shares during the period. Raymond James Trust N.A. acquired a new stake in First Trust High Income Strategic Focus ETF in the 2nd quarter valued at $246,000. CreativeOne Wealth LLC purchased a new stake in First Trust High Income Strategic Focus ETF in the 3rd quarter worth $353,000. Finally, Proactive Wealth Strategies LLC acquired a new position in shares of First Trust High Income Strategic Focus ETF during the 3rd quarter worth about $565,000. Institutional investors and hedge funds own 51.36% of the company’s stock.

First Trust High Income Strategic Focus ETF Company Profile

The First Trust High Income Strategic Focus ETF (HISF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund uses a fund-of-funds structure to primarily seek income across a broad range of fixed income securities of US and non-US issuers. HISF was launched on Aug 13, 2014 and is managed by First Trust.