FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) Short Interest Down 64.2% in July

FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 33,561 shares, a decline of 64.2% from the July 15th total of 93,836 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 48,394 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of FT Energy Income Partners Strategy ETF

A number of institutional investors and hedge funds have recently modified their holdings of EIPX. Fifth Third Bancorp acquired a new stake in shares of FT Energy Income Partners Strategy ETF in the 1st quarter valued at approximately $26,000. Marshall Investment Management LLC increased its stake in FT Energy Income Partners Strategy ETF by 1.8% in the fourth quarter. Marshall Investment Management LLC now owns 47,651 shares of the company’s stock valued at $1,260,000 after purchasing an additional 858 shares in the last quarter. Private Advisor Group LLC increased its stake in FT Energy Income Partners Strategy ETF by 5.5% in the first quarter. Private Advisor Group LLC now owns 18,462 shares of the company’s stock valued at $594,000 after purchasing an additional 964 shares in the last quarter. Kestra Private Wealth Services LLC raised its holdings in FT Energy Income Partners Strategy ETF by 4.9% in the fourth quarter. Kestra Private Wealth Services LLC now owns 21,483 shares of the company’s stock worth $568,000 after purchasing an additional 1,013 shares during the period. Finally, Raymond James Financial Inc. boosted its position in shares of FT Energy Income Partners Strategy ETF by 0.7% during the third quarter. Raymond James Financial Inc. now owns 170,560 shares of the company’s stock worth $4,463,000 after purchasing an additional 1,233 shares in the last quarter.

FT Energy Income Partners Strategy ETF Stock Up 0.9%

Shares of FT Energy Income Partners Strategy ETF stock traded up $0.30 during trading on Friday, reaching $33.31. 3,497 shares of the company were exchanged, compared to its average volume of 41,016. The business has a 50-day moving average price of $31.99 and a 200-day moving average price of $31.61. The firm has a market capitalization of $576.26 million, a price-to-earnings ratio of 14.99 and a beta of 0.32. FT Energy Income Partners Strategy ETF has a twelve month low of $25.38 and a twelve month high of $33.32.

FT Energy Income Partners Strategy ETF Company Profile

The FT Energy Income Partners Strategy ETF (EIPX) is an exchange-traded fund that mostly invests in energy equity. The fund seeks risk-adjusted total return through an actively managed portfolio of global stocks in the energy sector, as broadly defined by the funds sub-adviser. EIPX was launched on Nov 2, 2022 and is managed by First Trust.