First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Up 174.9% in October

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totalling 499,300 shares, an increase of 174.9% from the September 30th total of 181,600 shares. Based on an average daily volume of 755,100 shares, the short-interest ratio is presently 0.7 days.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.3 %

Shares of FIXD stock opened at $43.81 on Friday. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $40.97 and a 12-month high of $46.80. The stock’s 50-day moving average price is $44.95 and its 200-day moving average price is $43.85.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd will be paid a $0.155 dividend. This represents a $1.86 annualized dividend and a dividend yield of 4.25%. The ex-dividend date of this dividend is Tuesday, October 22nd.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Strategic Financial Concepts LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 10.2% during the 2nd quarter. Strategic Financial Concepts LLC now owns 144,169 shares of the company’s stock worth $62,000 after purchasing an additional 13,402 shares during the period. Signaturefd LLC grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 34.4% during the second quarter. Signaturefd LLC now owns 1,500 shares of the company’s stock valued at $65,000 after buying an additional 384 shares during the last quarter. Palisade Asset Management LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the first quarter worth approximately $73,000. Hantz Financial Services Inc. bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 2nd quarter worth approximately $117,000. Finally, Freestone Capital Holdings LLC purchased a new position in First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter valued at $201,000.

About First Trust TCW Opportunistic Fixed Income ETF

The First Trust TCW Opportunistic Fixed Income ETF (FIXD) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed, broad-based, and broad-maturity bond fund that aims for a weighted average duration within 1 year of the Bloomberg US Aggregate Index.