First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) Short Interest Update

First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 21,242 shares, a drop of 37.4% from the April 30th total of 33,938 shares. Based on an average daily trading volume, of 31,819 shares, the short-interest ratio is presently 0.7 days. Approximately 0.7% of the shares of the stock are short sold.

First Trust Active Global Quality Income ETF Stock Up 0.6%

AGQI opened at $18.31 on Wednesday. The stock has a market cap of $59.14 million, a PE ratio of 18.15 and a beta of 0.75. First Trust Active Global Quality Income ETF has a 52 week low of $14.90 and a 52 week high of $18.36. The business’s fifty day simple moving average is $17.54 and its 200 day simple moving average is $17.21.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AGQI. Virtu Financial LLC boosted its holdings in shares of First Trust Active Global Quality Income ETF by 152.2% during the fourth quarter. Virtu Financial LLC now owns 26,720 shares of the company’s stock worth $441,000 after purchasing an additional 16,124 shares during the period. Prospera Financial Services Inc lifted its holdings in First Trust Active Global Quality Income ETF by 15.3% in the fourth quarter. Prospera Financial Services Inc now owns 56,358 shares of the company’s stock worth $930,000 after buying an additional 7,462 shares during the period. Global Retirement Partners LLC purchased a new stake in First Trust Active Global Quality Income ETF in the fourth quarter worth about $547,000. International Assets Investment Management LLC purchased a new stake in First Trust Active Global Quality Income ETF in the fourth quarter worth about $105,000. Finally, Susquehanna International Group LLP lifted its holdings in First Trust Active Global Quality Income ETF by 41.2% in the third quarter. Susquehanna International Group LLP now owns 44,872 shares of the company’s stock worth $718,000 after buying an additional 13,099 shares during the period.

First Trust Active Global Quality Income ETF Company Profile

The First Trust Active Global Quality Income ETF -VIII- (AGQI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of globally listed dividend-paying equities selected using fundamental analysis. The fund seeks to provide income with the potential for long-term capital appreciation AGQI was launched on Sep 24, 2015 and is issued by First Trust.