First Trust California Municipal High Income ETF (FCAL) had a 51.2% increase in short interest in May, reaching 70,000 shares.

First Trust California Municipal High Income ETF (FCAL) experienced a 51.2% increase in short interest in May, reaching 70,000 shares from 46,300 shares on May 15th. With an average daily volume of 25,100 shares, the current days-to-cover ratio stands at 2.8 days. Hedge funds Johnson Bixby & Associates LLC and Signature Estate & Investment Advisors LLC have recently acquired positions in FCAL.