First Trust Tactical High Yield ETF - HYLS Stock Forecast, Price & News

First Trust Tactical High Yield ETF's stock was trading at $47.85 on January 1st, 2022. Since then, HYLS stock has decreased by 17.1% and is now trading at $39.68.
View the best growth stocks for 2022 here.

First Trust Tactical High Yield ETF saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 1,400,000 shares, an increase of 2,431.6% from the October 31st total of 55,300 shares. Based on an average daily volume of 323,800 shares, the short-interest ratio is presently 4.3 days.
View First Trust Tactical High Yield ETF's Short Interest.

First Trust Tactical High Yield ETF announced a monthly dividend on Monday, November 21st. Stockholders of record on Wednesday, November 23rd will be given a dividend of $0.203 per share on Wednesday, November 30th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 6.14%. The ex-dividend date of this dividend is Tuesday, November 22nd.
Read our dividend analysis for HYLS.

First Trust Tactical High Yield ETF (NASDAQ:HYLS) pays an annual dividend of $2.88 per share and currently has a dividend yield of 7.29%. HYLS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for HYLS.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Tactical High Yield ETF investors own include WisdomTree U.S. Quality Dividend Growth Fund (DGRW), First Trust TCW Opportunistic Fixed Income ETF (FIXD), First Trust Managed Municipal ETF (FMB), First Trust Senior Loan Fund (FTSL), iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB), First Trust Low Duration Opportunities ETF (LMBS), Franklin U.S. Low Volatility High Dividend Index ETF (LVHD), Principal U.S. Mega-Cap ETF (USMC) and

First Trust Tactical High Yield ETF trades on the NASDAQ under the ticker symbol "HYLS."

First Trust Tactical High Yield ETF's stock is owned by a number of retail and institutional investors. Top institutional investors include First Trust Advisors LP (8.04%), Royal Bank of Canada (3.03%), UBS Group AG (2.39%), One Capital Management LLC (2.23%), Park National Corp OH (1.15%) and Darwin Wealth Management LLC (1.07%).

Shares of HYLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HYLS stock can currently be purchased for approximately $39.68.

First Trust Tactical High Yield ETF (NASDAQ:HYLS) has a market capitalization of $1.61 billion.

The company employs 147,000 workers across the globe.

The company can be reached via phone at 14089961010.