First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Get Free Report) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 79,900 shares, a decline of 57.6% from the February 13th total of 188,500 shares. Based on an average daily volume of 797,500 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.
First Trust Enhanced Short Maturity ETF Stock Performance
FTSM stock remained flat at $59.91 during midday trading on Friday. The company’s stock had a trading volume of 867,928 shares, compared to its average volume of 859,760. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.54 and a 12-month high of $60.16. The firm has a 50 day moving average price of $59.88 and a 200 day moving average price of $59.91.
First Trust Enhanced Short Maturity ETF Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 28th were issued a dividend of $0.203 per share. The ex-dividend date was Friday, February 28th.
Institutional Investors Weigh In On First Trust Enhanced Short Maturity ETF
First Trust Enhanced Short Maturity ETF Company Profile
The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.
Featured Articles
- Five stocks we like better than First Trust Enhanced Short Maturity ETF
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- Market Cap Calculator: How to Calculate Market Cap
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- What is a Dividend King?
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Receive News & Ratings for First Trust Enhanced Short Maturity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Enhanced Short Maturity ETF and related companies with MarketBeat.com's FREE daily email newsletter.