Short Interest in First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Decreases By 65.0%

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHYGet Free Report) saw a large decrease in short interest in the month of 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 trading volume, of 120,800 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Allworth Financial LP boosted its holdings in First Trust High Yield Opportunities 2027 Term Fund by 30.5% in the 3rd quarter. Allworth Financial LP now owns 4,714 shares of the company’s stock worth $71,000 after buying an additional 1,102 shares during the period. Oder Investment Management LLC increased its holdings in shares of First Trust High Yield Opportunities 2027 Term Fund by 1.4% in the fourth quarter. Oder Investment Management LLC now owns 149,923 shares of the company’s stock worth $2,171,000 after purchasing an additional 2,133 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of First Trust High Yield Opportunities 2027 Term Fund by 3.3% in the third quarter. Oppenheimer & Co. Inc. now owns 81,960 shares of the company’s stock worth $1,239,000 after purchasing an additional 2,589 shares during the last quarter. Invesco Ltd. lifted its position in shares of First Trust High Yield Opportunities 2027 Term Fund by 20.5% in the fourth quarter. Invesco Ltd. now owns 28,725 shares of the company’s stock worth $416,000 after buying an additional 4,889 shares in the last quarter. Finally, Black Point Wealth Management boosted its stake in First Trust High Yield Opportunities 2027 Term Fund by 9.9% during the fourth quarter. Black Point Wealth Management now owns 62,707 shares of the company’s stock valued at $908,000 after buying an additional 5,668 shares during the last quarter.

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

First Trust High Yield Opportunities 2027 Term Fund stock traded up $0.02 during mid-day trading on Friday, hitting $14.74. The stock had a trading volume of 70,386 shares, compared to its average volume of 109,223. 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 has a one year low of $13.80 and a one year high of $15.13.

First Trust High Yield Opportunities 2027 Term Fund Announces Dividend

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

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