First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Up 715.2% in December

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 256,800 shares, an increase of 715.2% from the December 15th total of 31,500 shares. Based on an average daily trading volume, of 1,156,000 shares, the short-interest ratio is currently 0.2 days.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of FIXD traded up $0.03 during midday trading on Tuesday, reaching $42.43. The stock had a trading volume of 1,064,210 shares, compared to its average volume of 1,044,739. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $39.42 and a 12-month high of $46.80. The company’s 50-day moving average is $43.36 and its 200 day moving average is $44.08.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.145 dividend. This represents a $1.74 annualized dividend and a dividend yield of 4.10%. The ex-dividend date was Friday, December 13th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Icon Wealth Advisors LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 3rd quarter worth $112,000. Daymark Wealth Partners LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the third quarter valued at approximately $228,000. Avidian Wealth Enterprises LLC boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 6.1% during the third quarter. Avidian Wealth Enterprises LLC now owns 5,503 shares of the company’s stock valued at $249,000 after buying an additional 318 shares during the period. Legacy Capital Wealth Partners LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the third quarter valued at approximately $257,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at approximately $277,000.

About First Trust TCW Opportunistic Fixed Income ETF

The First Trust TCW Opportunistic Fixed Income ETF (FIXD) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed, broad-based, and broad-maturity bond fund that aims for a weighted average duration within 1 year of the Bloomberg US Aggregate Index.