First Trust Enhanced Short Maturity Hits Critical Support Level Below 200-Day Moving Average

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On Friday, shares of the First Trust Enhanced Short Maturity ETF (FTSM) dropped below their 200-day moving average of $59.67, trading as low as $59.56 per share, marking a decline of approximately 0.3% for the day.

FTSM’s 52-week trading range reflects a low of $59.40 and a high of $59.94, with the last trade recorded at $59.59.

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