First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Sees Significant Decrease in Short Interest

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) saw a large decrease in short interest in February. As of February 15th, there was short interest totalling 16,400 shares, a decrease of 65.0% from the January 31st total of 46,900 shares. Based on an average daily volume of 120,800 shares, the short-interest ratio is presently 0.1 days.

First Trust High Yield Opportunities 2027 Term Fund Trading Up 0.1 %

Shares of NYSE FTHY traded up $0.02 during trading hours on Friday, hitting $14.74. The company had a trading volume of 63,208 shares, compared to its average volume of 111,179. First Trust High Yield Opportunities 2027 Term Fund has a 1-year low of $13.80 and a 1-year high of $15.13. The firm’s 50 day moving average is $14.57 and its 200-day moving average is $14.71.

First Trust High Yield Opportunities 2027 Term Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Monday, March 3rd will be paid a $0.125 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 10.18%. The ex-dividend date is Monday, March 3rd.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Allworth Financial LP grew its holdings in First Trust High Yield Opportunities 2027 Term Fund by 30.5% during the third quarter. Allworth Financial LP now owns 4,714 shares of the company’s stock worth $71,000 after purchasing an additional 1,102 shares during the period. Elequin Capital LP acquired a new stake in shares of First Trust High Yield Opportunities 2027 Term Fund in the fourth quarter valued at approximately $106,000. Jane Street Group LLC bought a new position in shares of First Trust High Yield Opportunities 2027 Term Fund during the 4th quarter worth approximately $159,000. Stratos Wealth Partners LTD. bought a new position in shares of First Trust High Yield Opportunities 2027 Term Fund during the 4th quarter worth approximately $214,000. Finally, Kovack Advisors Inc. acquired a new position in shares of First Trust High Yield Opportunities 2027 Term Fund during the 3rd quarter worth approximately $319,000.