First Trust High Income Strategic Focus ETF (NASDAQ:HISF – Get Free Report) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 400 shares, a decline of 55.6% from the August 31st total of 900 shares. Based on an average daily volume of 6,100 shares, the short-interest ratio is presently 0.1 days.
First Trust High Income Strategic Focus ETF Stock Performance
Shares of NASDAQ:HISF opened at $45.58 on Friday. First Trust High Income Strategic Focus ETF has a 1-year low of $41.73 and a 1-year high of $45.96. The company’s fifty day moving average is $45.10 and its two-hundred day moving average is $44.27. The stock has a market capitalization of $45.58 million, a price-to-earnings ratio of 0.06 and a beta of 0.46.
First Trust High Income Strategic Focus ETF Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Thursday, September 26th will be issued a $0.177 dividend. The ex-dividend date of this dividend is Thursday, September 26th. This represents a $2.12 dividend on an annualized basis and a yield of 4.66%.
Institutional Trading of First Trust High Income Strategic Focus ETF
First Trust High Income Strategic Focus ETF Company Profile
The First Trust High Income Strategic Focus ETF (HISF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund uses a fund-of-funds structure to primarily seek income across a broad range of fixed income securities of US and non-US issuers. HISF was launched on Aug 13, 2014 and is managed by First Trust.
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