First Trust Core Investment Grade ETF (NYSEARCA:FTCB) Short Interest Update
by Scott Moore · The Cerbat GemFirst Trust Core Investment Grade ETF (NYSEARCA:FTCB – Get Free Report) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 107,643 shares, a decline of 73.4% from the March 15th total of 405,020 shares. Based on an average daily volume of 679,784 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.
Institutional Trading of First Trust Core Investment Grade ETF
A number of institutional investors have recently modified their holdings of FTCB. Rockefeller Capital Management L.P. purchased a new stake in shares of First Trust Core Investment Grade ETF during the 4th quarter worth about $29,000. Ameriflex Group Inc. purchased a new stake in shares of First Trust Core Investment Grade ETF during the 3rd quarter worth about $35,000. Sound Income Strategies LLC purchased a new stake in shares of First Trust Core Investment Grade ETF during the 4th quarter worth about $43,000. Cullen Frost Bankers Inc. acquired a new position in First Trust Core Investment Grade ETF during the 3rd quarter worth approximately $62,000. Finally, Qube Research & Technologies Ltd acquired a new position in First Trust Core Investment Grade ETF during the 3rd quarter worth approximately $95,000.
First Trust Core Investment Grade ETF Stock Down 0.1%
Shares of NYSEARCA:FTCB traded down $0.03 during trading on Friday, reaching $21.03. 564,001 shares of the stock were exchanged, compared to its average volume of 829,763. First Trust Core Investment Grade ETF has a 12-month low of $18.76 and a 12-month high of $21.87. The firm’s 50-day moving average price is $21.17 and its 200 day moving average price is $21.27.
About First Trust Core Investment Grade ETF
The First Trust Core Investment Grade ETF (FTCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides broad exposure to investment-grade debt securities of various maturities from around the world, including emerging markets. FTCB was launched on Nov 7, 2023 and is issued by First Trust.