Short Interest in Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE:MFD) Decreases By 64.3%

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE:MFD) saw a large decrease in short interest in July. As of July 15th, there was short interest totalling 8,200 shares, a decrease of 64.3% from the June 30th total of 23,000 shares. Based on an average trading volume of 18,000 shares, the short-interest ratio is presently 0.5 days.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Stock Down 0.9 %

NYSE MFD traded down $0.07 during trading hours on Thursday, hitting $7.78. 53,344 shares of the company’s stock traded hands, compared to its average volume of 28,073. Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund has a 52-week low of $6.63 and a 52-week high of $8.15. The firm’s 50-day moving average is $7.61 and its 200-day moving average is $7.54.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Thursday, May 23rd were paid a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $0.80 annualized dividend and a dividend yield of 10.28%.

Institutional Trading of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund

Hedge funds have recently made changes to their positions in the company. Cetera Advisors LLC purchased a new stake in shares of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund in the 1st quarter valued at approximately $263,000. Capital Investment Advisors LLC grew its stake in shares of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund by 4.3% in the 2nd quarter. Capital Investment Advisors LLC now owns 169,488 shares of the financial services provider’s stock valued at $1,266,000 after buying an additional 6,938 shares during the period. Old Port Advisors grew its stake in shares of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund by 4.3% in the 1st quarter. Old Port Advisors now owns 223,422 shares of the financial services provider’s stock valued at $1,716,000 after buying an additional 9,191 shares during the period. Miracle Mile Advisors LLC grew its stake in shares of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund by 14.3% in the 1st quarter. Miracle Mile Advisors LLC now owns 24,000 shares of the financial services provider’s stock valued at $184,000 after buying an additional 3,000 shares during the period. Finally, International Assets Investment Management LLC grew its stake in shares of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund by 68.0% in the 1st quarter. International Assets Investment Management LLC now owns 20,500 shares of the financial services provider’s stock valued at $155,000 after buying an additional 8,300 shares during the period.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Company Profile

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Macquarie Capital Investment Management, LLC and Four Corners Capital Management, LLC. The fund invests in public equity markets across the globe.