Short Interest in First Trust Enhanced Equity Income Fund (NYSE:FFA) Drops By 54.1%

Posted by Stanley Muller on Jun 29th, 2026

First Trust Enhanced Equity Income Fund (NYSE:FFA – Get Free Report) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,973 shares, a drop of 54.1% from the May 31st total of 4,297 shares. Based on an average trading volume of 31,490 shares, the short-interest ratio is currently 0.1 days.

First Trust Enhanced Equity Income Fund Stock Performance

Shares of FFA opened at $21.74 on Monday. First Trust Enhanced Equity Income Fund has a fifty-two week low of $19.50 and a fifty-two week high of $23.24. The firm’s 50-day simple moving average is $22.42 and its two-hundred day simple moving average is $21.86.

First Trust Enhanced Equity Income Fund Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be given a $0.3875 dividend. This represents a $1.55 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend is Monday, June 22nd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Blue Bell Private Wealth Management LLC bought a new position in First Trust Enhanced Equity Income Fund during the 4th quarter valued at approximately $25,000. Global Assets Advisory LLC bought a new stake in First Trust Enhanced Equity Income Fund in the first quarter worth $41,000. Axiom Investment Management LLC purchased a new stake in shares of First Trust Enhanced Equity Income Fund in the first quarter worth $118,000. EverSource Wealth Advisors LLC purchased a new stake in shares of First Trust Enhanced Equity Income Fund in the third quarter worth $172,000. Finally, PNC Financial Services Group Inc. increased its holdings in shares of First Trust Enhanced Equity Income Fund by 30.8% during the first quarter. PNC Financial Services Group Inc. now owns 8,034 shares of the company’s stock valued at $164,000 after acquiring an additional 1,894 shares in the last quarter.

About First Trust Enhanced Equity Income Fund

(Get Free Report)

First Trust Enhanced Equity Income Fund (NYSE:FFA) is a closed-end management investment company managed by First Trust Advisors L.P. The fund seeks to provide total return with an emphasis on current income. To pursue its objective, the fund employs a dual strategy that combines equity ownership in U.S. companies with a systematic covered call option overlay.

FFA primarily invests in a diversified portfolio of common stocks of large- and mid-cap U.S. companies that are selected for their potential to pay dividends.