First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Short Interest Update

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 110,224 shares, a decline of 73.1% from the May 31st total of 409,624 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 394,279 shares, the days-to-cover ratio is presently 0.3 days.

First Trust North American Energy Infrastructure Fund Stock Down 0.5%

Shares of NYSEARCA EMLP traded down $0.21 during trading on Monday, hitting $43.82. The company had a trading volume of 436,021 shares, compared to its average volume of 277,574. The firm has a market capitalization of $3.99 billion, a price-to-earnings ratio of 17.59 and a beta of 0.56. The stock has a fifty day simple moving average of $43.54 and a two-hundred day simple moving average of $41.99. First Trust North American Energy Infrastructure Fund has a fifty-two week low of $36.70 and a fifty-two week high of $44.76.

Institutional Investors Weigh In On First Trust North American Energy Infrastructure Fund

Several large investors have recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new position in shares of First Trust North American Energy Infrastructure Fund during the fourth quarter valued at approximately $31,000. Darwin Wealth Management LLC purchased a new stake in shares of First Trust North American Energy Infrastructure Fund during the second quarter worth approximately $33,000. Bessemer Group Inc. purchased a new stake in shares of First Trust North American Energy Infrastructure Fund during the first quarter worth approximately $41,000. Sound Income Strategies LLC raised its stake in First Trust North American Energy Infrastructure Fund by 47,500.0% in the 4th quarter. Sound Income Strategies LLC now owns 952 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 950 shares during the last quarter. Finally, Assetmark Inc. raised its stake in First Trust North American Energy Infrastructure Fund by 71.7% in the 4th quarter. Assetmark Inc. now owns 972 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 406 shares during the last quarter.

About First Trust North American Energy Infrastructure Fund

The First Trust North American Energy Infrastructure Fund (EMLP) is an exchange-traded fund that is based on the Alerian MLP index. The fund is an actively managed fund that invests in North American energy infrastructure MLPs and LLCs. EMLP was launched on Jun 21, 2012 and is managed by First Trust.