First Trust Income Opportunities ETF (NASDAQ:FCEF) Short Interest Update

First Trust Income Opportunities ETF (NASDAQ:FCEF) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 10,200 shares, a decline of 30.1% from the February 28th total of 14,600 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 8,500 shares, the short-interest ratio is currently 1.2 days.

First Trust Income Opportunities ETF Stock Down 0.3 %

Shares of First Trust Income Opportunities ETF stock traded down $0.06 during midday trading on Friday, hitting $21.65. The company had a trading volume of 24,926 shares, compared to its average volume of 7,345. The stock has a market cap of $41.14 million, a price-to-earnings ratio of 21.51 and a beta of 0.95. First Trust Income Opportunities ETF has a 12-month low of $19.61 and a 12-month high of $22.64. The company has a fifty day simple moving average of $21.97 and a 200 day simple moving average of $22.01.

First Trust Income Opportunities ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, March 11th will be given a dividend of $0.135 per share. The ex-dividend date of this dividend is Tuesday, March 11th.

Institutional Trading of First Trust Income Opportunities ETF

Several institutional investors and hedge funds have recently bought and sold shares of FCEF. Aurora Private Wealth Inc. lifted its position in First Trust Income Opportunities ETF by 14.2% during the fourth quarter. Aurora Private Wealth Inc. now owns 15,001 shares of the company’s stock valued at $324,000 after purchasing an additional 1,864 shares during the period. Commonwealth Equity Services LLC grew its holdings in First Trust Income Opportunities ETF by 108.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 19,026 shares of the company’s stock worth $411,000 after acquiring an additional 9,888 shares during the period. Boyce & Associates Wealth Consulting Inc. raised its position in First Trust Income Opportunities ETF by 75.9% during the fourth quarter. Boyce & Associates Wealth Consulting Inc. now owns 25,098 shares of the company’s stock valued at $542,000 after acquiring an additional 10,826 shares in the last quarter. LPL Financial LLC lifted its holdings in First Trust Income Opportunities ETF by 7.9% in the fourth quarter. LPL Financial LLC now owns 157,699 shares of the company’s stock valued at $3,408,000 after acquiring an additional 11,558 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in First Trust Income Opportunities ETF in the 4th quarter worth approximately $2,715,000.

First Trust Income Opportunities ETF Company Profile

The First Trust Income Opportunity ETF (FCEF) is an exchange-traded fund that is based on the S-Network Composite Closed-End Fund index. The fund is an actively managed ETF that holds closed-end funds to get exposure to US and non-US equity, fixed income securities, and commodities. The fund’s primary objective is to provide current income.