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

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

First Trust Income Opportunities ETF Trading Down 0.1 %

Shares of FCEF stock traded down $0.03 during trading hours on Tuesday, reaching $21.66. 3,625 shares of the company’s stock were exchanged, compared to its average volume of 9,129. First Trust Income Opportunities ETF has a fifty-two week low of $19.61 and a fifty-two week high of $22.64. The stock’s 50 day moving average is $21.97 and its 200-day moving average is $22.01. The company has a market cap of $41.16 million, a price-to-earnings ratio of 21.51 and a beta of 0.95.

First Trust Income Opportunities ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 11th were paid a $0.135 dividend. The ex-dividend date of this dividend was Tuesday, March 11th.

Institutional Investors Weigh In On First Trust Income Opportunities ETF

Several institutional investors have recently added to or reduced their stakes in the business. Boyce & Associates Wealth Consulting Inc. raised its position in shares of First Trust Income Opportunities ETF by 75.9% in the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 25,098 shares of the company’s stock valued at $542,000 after purchasing an additional 10,826 shares during the last quarter. Aurora Private Wealth Inc. raised its holdings in shares of 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 worth $324,000 after buying an additional 1,864 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of First Trust Income Opportunities ETF during the fourth quarter worth $2,715,000. Commonwealth Equity Services LLC grew 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 valued at $411,000 after buying an additional 9,888 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of First Trust Income Opportunities ETF by 7.9% in the 4th 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.

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.