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 increase in short interest in the month of December. As of December 15th, there was short interest totalling 5,100 shares, an increase of 1,600.0% from the November 30th total of 300 shares. Based on an average daily volume of 5,100 shares, the days-to-cover ratio is currently 1.0 days.

First Trust High Income Strategic Focus ETF Trading Down 0.1 %

Shares of NASDAQ:HISF opened at $43.77 on Friday. First Trust High Income Strategic Focus ETF has a 1-year low of $42.95 and a 1-year high of $45.96. The stock has a market capitalization of $43.77 million, a P/E ratio of 0.06 and a beta of 0.46. The business has a 50-day moving average price of $44.29 and a two-hundred day moving average price of $44.62.

First Trust High Income Strategic Focus ETF Dividend Announcement

The firm also recently declared 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 of this dividend is Friday, December 13th.

Hedge Funds Weigh In On First Trust High Income Strategic Focus ETF

Large investors have recently bought and sold shares of the business. CreativeOne Wealth LLC bought a new stake in shares of First Trust High Income Strategic Focus ETF during the 3rd quarter valued at $353,000. Proactive Wealth Strategies LLC bought a new stake in First Trust High Income Strategic Focus ETF in the third quarter valued at about $565,000. tru Independence LLC lifted its stake in First Trust High Income Strategic Focus ETF by 19.1% in the third quarter. tru Independence LLC now owns 52,515 shares of the company’s stock valued at $2,388,000 after buying an additional 8,433 shares during the period. International Assets Investment Management LLC bought a new position in First Trust High Income Strategic Focus ETF during the second quarter worth about $46,000. Finally, Raymond James Trust N.A. acquired a new position in shares of First Trust High Income Strategic Focus ETF during the 2nd quarter worth about $246,000. 51.36% of the stock is currently owned by institutional investors and hedge funds.

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.