First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Short Interest Up 534.0% in December

Posted by Jared Coughlin on Jan 13th, 2025

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Get Free Report) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 608,600 shares, a growth of 534.0% from the December 15th total of 96,000 shares. Based on an average trading volume of 707,800 shares, the short-interest ratio is presently 0.9 days.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM stock remained flat at $59.80 on Monday. The company had a trading volume of 1,975,893 shares, compared to its average volume of 1,015,770. The stock’s 50 day moving average is $59.86 and its 200 day moving average is $59.89. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were given a $0.233 dividend. The ex-dividend date of this dividend was Friday, December 27th. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23.

Hedge Funds Weigh In On First Trust Enhanced Short Maturity ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Abich Financial Wealth Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the 2nd quarter worth about $34,000. Tsfg LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $36,000. UMB Bank n.a. bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $84,000. Trust Co. of Vermont acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the third quarter worth $84,000. Finally, AdvisorNet Financial Inc acquired a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $91,000.

First Trust Enhanced Short Maturity ETF Company Profile

(Get Free Report)

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.