First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Short Interest Update

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 71,300 shares, an increase of 101.4% from the September 15th total of 35,400 shares. Based on an average trading volume of 95,600 shares, the days-to-cover ratio is presently 0.7 days.

Insider Transactions at First Trust High Yield Opportunities 2027 Term Fund

In related news, insider James A. Bowen acquired 4,370 shares of the company’s stock in a transaction that occurred on Monday, September 30th. The stock was purchased at an average price of $15.20 per share, for a total transaction of $66,424.00. Following the transaction, the insider now owns 123,370 shares in the company, valued at $1,875,224. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other First Trust High Yield Opportunities 2027 Term Fund news, insider James A. Bowen purchased 4,370 shares of the business’s stock in a transaction on Monday, September 30th. The stock was bought at an average cost of $15.20 per share, for a total transaction of $66,424.00. Following the acquisition, the insider now owns 123,370 shares of the company’s stock, valued at approximately $1,875,224. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, insider James A. Bowen acquired 17,000 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The shares were acquired at an average price of $14.75 per share, for a total transaction of $250,750.00. Following the acquisition, the insider now directly owns 123,000 shares of the company’s stock, valued at approximately $1,814,250. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here.

Institutional Trading of First Trust High Yield Opportunities 2027 Term Fund

A number of institutional investors have recently modified their holdings of the company. Register Financial Advisors LLC purchased a new position in First Trust High Yield Opportunities 2027 Term Fund in the 1st quarter worth approximately $95,000. Whittier Trust Co. acquired a new stake in First Trust High Yield Opportunities 2027 Term Fund during the 1st quarter valued at $109,000. Future Financial Wealth Managment LLC acquired a new position in First Trust High Yield Opportunities 2027 Term Fund in the 1st quarter worth $172,000. Nomura Holdings Inc. purchased 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 acquired a new stake in shares of First Trust High Yield Opportunities 2027 Term Fund during the first quarter valued at about $221,000.

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

Shares of FTHY traded down $0.02 during trading hours on Friday, hitting $14.97. The stock had a trading volume of 41,581 shares, compared to its average volume of 125,630. The company’s fifty day simple moving average is $14.82 and its 200 day simple moving average is $14.47. First Trust High Yield Opportunities 2027 Term Fund has a 12-month low of $12.66 and a 12-month high of $15.13.

First Trust High Yield Opportunities 2027 Term Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 25th. Stockholders of record on Tuesday, October 1st will be paid a $0.13 dividend. This represents a $1.56 annualized dividend and a dividend yield of 10.42%. The ex-dividend date is Tuesday, October 1st.