First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Short Interest Up 61.0% in February

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 120,600 shares, an increase of 61.0% from the January 31st total of 74,900 shares. Based on an average trading volume of 477,800 shares, the short-interest ratio is currently 0.3 days.

First Trust Low Duration Opportunities ETF Stock Down 0.0 %

Shares of First Trust Low Duration Opportunities ETF stock traded down $0.01 on Tuesday, reaching $49.13. 1,085,460 shares of the company traded hands, compared to its average volume of 510,862. The company has a 50 day moving average of $48.70 and a 200 day moving average of $48.90. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date was Friday, February 21st.

Institutional Trading of First Trust Low Duration Opportunities ETF

Several hedge funds have recently made changes to their positions in the company. Creative Financial Designs Inc. ADV raised its stake in First Trust Low Duration Opportunities ETF by 6.1% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 10,284 shares of the company’s stock valued at $508,000 after acquiring an additional 591 shares during the period. Farther Finance Advisors LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 1.6% in the third quarter. Farther Finance Advisors LLC now owns 15,777 shares of the company’s stock valued at $780,000 after purchasing an additional 246 shares during the period. Chicago Partners Investment Group LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 8.0% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 30,668 shares of the company’s stock valued at $1,495,000 after buying an additional 2,262 shares in the last quarter. Clear Creek Financial Management LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 141.0% in the 3rd quarter. Clear Creek Financial Management LLC now owns 248,719 shares of the company’s stock worth $12,289,000 after buying an additional 145,506 shares during the period. Finally, Janney Montgomery Scott LLC grew its stake in First Trust Low Duration Opportunities ETF by 10.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 255,336 shares of the company’s stock valued at $12,616,000 after buying an additional 24,982 shares in the last quarter.

First Trust Low Duration Opportunities ETF Company Profile

The First Trust Low Duration Opportunities ETF (LMBS) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is an actively managed fund that invests in a variety of mortgage-backed securities with target duration of less than 3 years. LMBS was launched on Nov 4, 2014 and is managed by First Trust.