First Trust Senior Loan ETF (NASDAQ:FTSL) Short Interest Update

First Trust Senior Loan ETF (NASDAQ:FTSL) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 978,900 shares, an increase of 1,424.8% from the December 15th total of 64,200 shares. Based on an average trading volume of 270,500 shares, the short-interest ratio is currently 3.6 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of FTSL. Oppenheimer & Co. Inc. raised its position in shares of First Trust Senior Loan ETF by 13.5% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 42,590 shares of the company’s stock valued at $1,947,000 after purchasing an additional 5,079 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in First Trust Senior Loan ETF by 11.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 728,333 shares of the company’s stock worth $33,292,000 after buying an additional 73,314 shares during the last quarter. One Capital Management LLC grew its position in shares of First Trust Senior Loan ETF by 4.7% in the 2nd quarter. One Capital Management LLC now owns 1,362,059 shares of the company’s stock worth $62,260,000 after acquiring an additional 60,909 shares in the last quarter. DHK Financial Advisors Inc. increased its holdings in shares of First Trust Senior Loan ETF by 1.9% in the 2nd quarter. DHK Financial Advisors Inc. now owns 53,407 shares of the company’s stock valued at $2,441,000 after acquiring an additional 1,005 shares during the last quarter. Finally, Tower Wealth Partners Inc. lifted its stake in First Trust Senior Loan ETF by 17.1% during the second quarter. Tower Wealth Partners Inc. now owns 231,566 shares of the company’s stock worth $10,585,000 after purchasing an additional 33,841 shares during the last quarter.

First Trust Senior Loan ETF Stock Down 0.2 %

NASDAQ:FTSL traded down $0.07 during mid-day trading on Monday, reaching $46.32. The company’s stock had a trading volume of 90,850 shares, compared to its average volume of 311,589. The company’s fifty day simple moving average is $46.31 and its two-hundred day simple moving average is $46.10. First Trust Senior Loan ETF has a twelve month low of $45.23 and a twelve month high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.275 dividend. The ex-dividend date was Friday, December 13th.

First Trust Senior Loan ETF Company Profile

The First Trust Senior Loan Fund (FTSL) is an exchange-traded fund that is based on the S&P\u002FLSTA U.S. Leveraged Loan 100 index. The fund holds senior floating rate bank loans from firms around the globe. The actively managed fund can hold up to 20% of assets in non-senior loans, including high-yield bonds and equities.