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 growth in short interest during the month of March. As of March 13th, there was short interest totaling 64,586 shares, a growth of 18.1% from the February 26th total of 54,670 shares. Based on an average trading volume of 149,012 shares, the short-interest ratio is presently 0.4 days.

First Trust High Yield Opportunities 2027 Term Fund Price Performance

NYSE FTHY traded down $0.13 on Wednesday, hitting $13.41. The stock had a trading volume of 40,918 shares, compared to its average volume of 102,700. The business’s fifty day moving average price is $13.85 and its 200 day moving average price is $14.06. First Trust High Yield Opportunities 2027 Term Fund has a 52-week low of $12.84 and a 52-week high of $14.98.

First Trust High Yield Opportunities 2027 Term Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, April 27th. Shareholders of record on Wednesday, April 1st will be paid a $0.125 dividend. The ex-dividend date is Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 11.2%.

Institutional Investors Weigh In On First Trust High Yield Opportunities 2027 Term Fund

Large investors have recently modified their holdings of the business. Cetera Investment Advisers boosted its stake in First Trust High Yield Opportunities 2027 Term Fund by 23.4% in the 2nd quarter. Cetera Investment Advisers now owns 20,440 shares of the company’s stock worth $304,000 after purchasing an additional 3,880 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in First Trust High Yield Opportunities 2027 Term Fund by 466.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,073 shares of the company’s stock valued at $90,000 after purchasing an additional 5,000 shares in the last quarter. Raymond James Financial Inc. increased its stake in First Trust High Yield Opportunities 2027 Term Fund by 2.9% during the 2nd quarter. Raymond James Financial Inc. now owns 44,044 shares of the company’s stock valued at $654,000 after purchasing an additional 1,225 shares in the last quarter. Sheets Smith Investment Management purchased a new position in shares of First Trust High Yield Opportunities 2027 Term Fund in the third quarter worth $399,000. Finally, Shaker Financial Services LLC raised its holdings in shares of First Trust High Yield Opportunities 2027 Term Fund by 19.7% in the third quarter. Shaker Financial Services LLC now owns 111,350 shares of the company’s stock worth $1,613,000 after buying an additional 18,307 shares during the last quarter.

First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) is a closed-end management investment company organized as a diversified term fund. Scheduled to terminate in 2027, the fund seeks to provide shareholders with high current income and the potential for capital appreciation through a portfolio of fixed-income securities. It operates under the management of First Trust Advisors L.P., a subsidiary of First Trust, and utilizes professional research and risk-management processes to construct its holdings.

The fund primarily invests in U.S.