First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 38,500 shares, a growth of 171.1% from the August 31st total of 14,200 shares. Based on an average trading volume of 163,100 shares, the days-to-cover ratio is presently 0.2 days.
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.1 %
HYLS traded up $0.04 during trading hours on Friday, reaching $41.98. The company’s stock had a trading volume of 1,593,176 shares, compared to its average volume of 176,683. The company’s 50-day moving average is $41.50 and its 200-day moving average is $41.03. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $37.78 and a 52 week high of $42.35.
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, September 26th will be paid a dividend of $0.2075 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 5.93%. The ex-dividend date is Thursday, September 26th.
Institutional Trading of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company Profile
The First Trust Tactical High Yield ETF (HYLS) is an exchange-traded fund that is based on the ICE BoFA US High Yield Constrained index. The fund is an actively managed fund holding up to 130% in long positions in high yield bonds it expects to outperform, and up to 30% short positions in issues it expects to underperform.
Recommended Stories
- Five stocks we like better than First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Can Costco Stock Hit New Highs as Interest Rates Drop?
- What Does Downgrade Mean in Investing?
- These 3 Stocks Show How to Navigate Declining Consumer Confidence
- Investing In Automotive Stocks
- MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy?
Receive News & Ratings for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.