First Trust Income Opportunities ETF (NASDAQ:FCEF) Short Interest Down 35.0% in February

First Trust Income Opportunities ETF (NASDAQ:FCEF) saw a significant drop in short interest in February. As of February 15th, there was short interest totalling 12,800 shares, a drop of 35.0% from the January 31st total of 19,700 shares. Based on an average daily trading volume, of 8,800 shares, the short-interest ratio is currently 1.5 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Aurora Private Wealth Inc. lifted its stake in First Trust Income Opportunities ETF by 14.2% in the fourth quarter. Aurora Private Wealth Inc. now owns 15,001 shares of the company’s stock valued at $324,000 after buying an additional 1,864 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of 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 holdings in shares of 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 worth $542,000 after acquiring an additional 10,826 shares during the period. Proactive Wealth Strategies LLC bought a new stake in First Trust Income Opportunities ETF in the 3rd quarter valued at $636,000. Finally, Raymond James Financial Inc. acquired a new position in First Trust Income Opportunities ETF in the 4th quarter worth $2,715,000.

First Trust Income Opportunities ETF Trading Up 0.5 %

Shares of FCEF stock opened at $22.06 on Friday. The firm has a market capitalization of $41.91 million, a price-to-earnings ratio of 17.57 and a beta of 0.95. The firm’s 50 day moving average is $21.98 and its 200-day moving average is $22.02. First Trust Income Opportunities ETF has a 1 year low of $19.61 and a 1 year high of $22.64.

First Trust Income Opportunities ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 11th were paid a dividend of $0.135 per share. The ex-dividend date was Tuesday, February 11th.

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.