2 weeks Ago By ABMN Staff
First Trust Alternative Absolute Return Strategy ETF ( NASDAQ:FAAR – Get Free Report ) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 29,300 shares, an increase of 6.5% from the August 31st total of 27,500 shares.
Based on an average daily trading volume, of 27,100 shares, the short-interest ratio is currently 1.1 days. Hedge Funds Weigh In On First Trust Alternative Absolute Return Strategy ETF Several hedge funds and other institutional investors have recently bought and sold shares of FAAR.
Hershey Financial Advisers LLC purchased a new position in shares of First Trust Alternative Absolute Return Strategy ETF during the 2nd quarter valued at about $51,000. ICA Group Wealth Management LLC purchased a new position in First Trust Alternative Absolute Return Strategy ETF during the fourth quarter valued at approximately $116,000. Signal Advisors Wealth LLC lifted its holdings in First Trust Alternative Absolute Return Strategy ETF by 5.
0% in the first quarter. Signal Advisors Wealth LLC now owns 9,663 shares of the company’s stock valued at $278,000 after acquiring an additional 459 shares during the period. Jaffetilchin Investment Partners LLC purchased a new stake in First Trust Alternative Absolute Return Strategy ETF in the 1st quarter worth approximately $306,000.
Finally, Benjamin F. Edwards & Company Inc. boosted its position in First Trust Alternative Absolute Return Strategy ETF by 3.
1% in the 2nd quarter. Benjamin F. Edwards & Company Inc.
now owns 13,260 shares of the company’s stock worth $377,000 after purchasing an additional 398 shares in the last quarter. First Trust Alternative Absolute Return Strategy ETF Stock Performance FAAR traded down $0.02 on Tuesday, reaching $27.
81. 24,005 shares of the stock were exchanged, compared to its average volume of 34,698. The company’s 50-day moving average price is $28.
32 and its 200 day moving average price is $28.50. First Trust Alternative Absolute Return Strategy ETF has a fifty-two week low of $27.
10 and a fifty-two week high of $29.44. First Trust Alternative Absolute Return Strategy ETF Cuts Dividend About First Trust Alternative Absolute Return Strategy ETF ( Get Free Report ) The First Trust Alternative Absolute Return Strategy ETF (FAAR) is an exchange-traded fund that is based on the db Liquid Commodity index.
The fund is an actively-managed fund that, through a subsidiary, provides broad longu002Fshort exposure to commodity futures contracts. FAAR was launched on May 18, 2016 and is managed by First Trust. Read More Receive News & Ratings for First Trust Alternative Absolute Return Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Alternative Absolute Return Strategy ETF and related companies with MarketBeat.
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