First Trust Alternative Absolute Return Strategy ETF ( NASDAQ:FAAR – Get Rating ) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 106,600 shares, a decline of 7.9% from the February 28th total of 115,800 shares. Based on an average daily volume of 43,600 shares, the days-to-cover ratio is presently 2.4 days. Institutional Trading of First Trust Alternative Absolute Return Strategy ETF A number of institutional investors and hedge funds have recently added to or reduced their stakes in FAAR.

https://www.dailypolitical.com/2023/04/03/short-interest-in-first-trust-alternative-absolute-return-strategy-etf-nasdaqfaar-drops-by-7-9.html

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