First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Short Interest Update

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totalling 139,500 shares, an increase of 262.3% from the September 15th total of 38,500 shares. Based on an average trading volume of 192,100 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in HYLS. DHJJ Financial Advisors Ltd. grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7.1% in the first quarter. DHJJ Financial Advisors Ltd. now owns 4,817 shares of the company’s stock worth $199,000 after purchasing an additional 319 shares during the period. Walkner Condon Financial Advisors LLC increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% in the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 18,753 shares of the company’s stock worth $762,000 after acquiring an additional 343 shares in the last quarter. Moloney Securities Asset Management LLC lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.3% during the 1st quarter. Moloney Securities Asset Management LLC now owns 17,386 shares of the company’s stock valued at $717,000 after acquiring an additional 392 shares during the period. Blackhawk Capital Partners LLC. lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 0.8% during the 2nd quarter. Blackhawk Capital Partners LLC. now owns 57,937 shares of the company’s stock valued at $2,354,000 after acquiring an additional 441 shares during the period. Finally, MBE Wealth Management LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.7% during the second quarter. MBE Wealth Management LLC now owns 12,651 shares of the company’s stock worth $514,000 after acquiring an additional 454 shares in the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Up 0.1 %

Shares of HYLS traded up $0.03 during trading hours on Friday, reaching $41.86. 120,350 shares of the company traded hands, compared to its average volume of 181,899. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $37.78 and a 12 month high of $42.35. The company’s fifty day moving average price is $41.67 and its two-hundred day moving average price is $41.07.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.2075 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $2.49 annualized dividend and a yield of 5.95%.

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.