FT Energy Income Partners Enhanced Income ETF (NYSEARCA:EIPI – Get Free Report) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 59,744 shares, a growth of 170.4% from the June 30th total of 22,097 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 73,856 shares, the days-to-cover ratio is presently 0.8 days.
Hedge Funds Weigh In On FT Energy Income Partners Enhanced Income ETF
Large investors have recently modified their holdings of the company. Daytona Street Capital LLC acquired a new stake in FT Energy Income Partners Enhanced Income ETF in the 4th quarter valued at $49,000. Farther Finance Advisors LLC raised its holdings in FT Energy Income Partners Enhanced Income ETF by 81.9% during the fourth quarter. Farther Finance Advisors LLC now owns 4,694 shares of the company’s stock worth $93,000 after buying an additional 2,114 shares during the last quarter. Allied Private Wealth LLC acquired a new position in FT Energy Income Partners Enhanced Income ETF during the second quarter worth $108,000. Nations Financial Group Inc. IA ADV bought a new position in shares of FT Energy Income Partners Enhanced Income ETF in the first quarter valued at $225,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of FT Energy Income Partners Enhanced Income ETF by 173.7% during the first quarter. Bank of New York Mellon Corp now owns 41,335 shares of the company’s stock valued at $930,000 after buying an additional 26,232 shares during the last quarter.
FT Energy Income Partners Enhanced Income ETF Trading Up 0.7%
EIPI stock traded up $0.16 during trading on Wednesday, reaching $22.43. 3,317 shares of the stock were exchanged, compared to its average volume of 103,616. The firm’s 50 day moving average is $22.15 and its 200 day moving average is $21.96. The firm has a market cap of $1.08 billion, a P/E ratio of 16.58 and a beta of 0.14. FT Energy Income Partners Enhanced Income ETF has a twelve month low of $19.37 and a twelve month high of $22.96.
About FT Energy Income Partners Enhanced Income ETF
The FT Energy Income Partners Enhanced Income ETF (EIPI) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed fund that seeks total return with a focus on distributions. The fund invests globally within the broader energy market, while combining both covered and naked call options writing strategies to enhance income. EIPI was launched on Sep 27, 2011 and is issued by First Trust.
See Also
- Five stocks we like better than FT Energy Income Partners Enhanced Income ETF
- 3 Refiners Benefiting From Oil Volatility and Tight Fuel Supply
- Carrier Earnings Could Send the Stock to a New All-Time High
- 3 Unique AI Software Plays With Strong Analyst Support
- Amazon’s Satellite Push Raises the Stakes for SpaceX and AST SpaceMobile
Receive News & Ratings for FT Energy Income Partners Enhanced Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FT Energy Income Partners Enhanced Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
