Short Interest in First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Increases By 193.4%

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totalling 17,900 shares, an increase of 193.4% from the June 15th total of 6,100 shares. Based on an average trading volume of 115,500 shares, the short-interest ratio is presently 0.2 days.

Insider Activity

In other First Trust High Yield Opportunities 2027 Term Fund news, insider David Mcgarel acquired 14,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 18th. The shares were purchased at an average price of $14.01 per share, with a total value of $196,140.00. Following the completion of the acquisition, the insider now directly owns 14,000 shares of the company’s stock, valued at approximately $196,140. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Institutional Investors Weigh In On First Trust High Yield Opportunities 2027 Term Fund

Large investors have recently added to or reduced their stakes in the business. Register Financial Advisors LLC purchased a new position in First Trust High Yield Opportunities 2027 Term Fund during the first quarter worth $95,000. Whittier Trust Co. acquired a new stake in shares of First Trust High Yield Opportunities 2027 Term Fund during the first quarter valued at $109,000. Future Financial Wealth Managment LLC purchased a new stake in First Trust High Yield Opportunities 2027 Term Fund during the 1st quarter worth about $172,000. Nomura Holdings Inc. acquired a new position in First Trust High Yield Opportunities 2027 Term Fund in the 4th quarter valued at about $178,000. Finally, Consolidated Portfolio Review Corp purchased a new position in First Trust High Yield Opportunities 2027 Term Fund in the 1st quarter valued at about $221,000.

First Trust High Yield Opportunities 2027 Term Fund Price Performance

NYSE FTHY traded up $0.10 during mid-day trading on Friday, hitting $14.65. The stock had a trading volume of 81,201 shares, compared to its average volume of 140,158. The stock has a 50 day moving average price of $14.21. First Trust High Yield Opportunities 2027 Term Fund has a 52-week low of $12.66 and a 52-week high of $14.74.

First Trust High Yield Opportunities 2027 Term Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, July 25th. Investors of record on Monday, July 1st will be given a $0.13 dividend. The ex-dividend date of this dividend is Monday, July 1st. This represents a $1.56 annualized dividend and a dividend yield of 10.65%.