First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Short Interest Down 80.3% in August

by · The Markets Daily

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS – Get Free Report) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 10,699 shares, a decline of 80.3% from the August 15th total of 54,301 shares. Based on an average daily trading volume, of 148,582 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Trading of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

Several large investors have recently modified their holdings of HYLS. Tucker Asset Management LLC raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 460.7% in the second quarter. Tucker Asset Management LLC now owns 628 shares of the company’s stock valued at $26,000 after purchasing an additional 516 shares in the last quarter. Aptus Capital Advisors LLC grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 244.9% during the third quarter. Aptus Capital Advisors LLC now owns 645 shares of the company’s stock worth $27,000 after buying an additional 458 shares in the last quarter. Allworth Financial LP bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at about $29,000. Whittier Trust Co. of Nevada Inc. bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 1st quarter valued at about $33,000. Finally, IFP Advisors Inc increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 67.3% in the 4th quarter. IFP Advisors Inc now owns 1,330 shares of the company’s stock valued at $56,000 after buying an additional 535 shares during the period.

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

Shares of HYLS stock traded down $0.03 during trading on Friday, hitting $40.21. The company had a trading volume of 105,820 shares, compared to its average volume of 245,378. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $40.01 and a one year high of $42.40. The stock’s 50-day moving average price is $40.63 and its 200 day moving average price is $40.78.

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

The business also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 21st were issued a $0.225 dividend. The ex-dividend date of this dividend was Friday, August 21st. This represents a c) annualized dividend and a yield of 6.7%.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company Profile

(Get Free Report)

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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.

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