First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Short Interest Update

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 143,100 shares, a decline of 31.5% from the October 31st total of 209,000 shares. Based on an average trading volume of 515,200 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On First Trust Low Duration Opportunities ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Beacon Financial Advisory LLC raised its stake in First Trust Low Duration Opportunities ETF by 12.2% during the 3rd quarter. Beacon Financial Advisory LLC now owns 6,942 shares of the company’s stock valued at $343,000 after acquiring an additional 754 shares in the last quarter. Farther Finance Advisors LLC increased its position in First Trust Low Duration Opportunities ETF by 691.6% during the second quarter. Farther Finance Advisors LLC now owns 15,531 shares of the company’s stock worth $745,000 after buying an additional 13,569 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings in First Trust Low Duration Opportunities ETF by 3.5% during the second quarter. Oppenheimer & Co. Inc. now owns 45,426 shares of the company’s stock valued at $2,183,000 after buying an additional 1,524 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in First Trust Low Duration Opportunities ETF during the second quarter valued at about $53,000. Finally, Ameritas Investment Partners Inc. lifted its position in shares of First Trust Low Duration Opportunities ETF by 9.0% in the second quarter. Ameritas Investment Partners Inc. now owns 137,894 shares of the company’s stock worth $6,626,000 after buying an additional 11,362 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.3 %

Shares of NASDAQ:LMBS traded up $0.13 during trading on Friday, hitting $48.97. 143,203 shares of the company traded hands, compared to its average volume of 478,352. The business’s fifty day moving average is $48.96 and its 200-day moving average is $48.73. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.17%.

About First Trust Low Duration Opportunities ETF

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.