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 large increase in short interest during the month of January. As of January 15th, there was short interest totalling 19,900 shares, an increase of 22.1% from the December 31st total of 16,300 shares. Based on an average daily trading volume, of 102,000 shares, the short-interest ratio is presently 0.2 days.

First Trust High Yield Opportunities 2027 Term Fund Price Performance

FTHY stock traded up $0.05 during trading on Friday, reaching $14.75. 59,160 shares of the stock were exchanged, compared to its average volume of 121,587. The business has a 50 day moving average price of $14.62 and a 200-day moving average price of $14.71. First Trust High Yield Opportunities 2027 Term Fund has a 1 year low of $13.80 and a 1 year high of $15.13.

First Trust High Yield Opportunities 2027 Term Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, February 25th. Investors of record on Monday, February 3rd will be given a $0.125 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 10.17%. The ex-dividend date of this dividend is Monday, February 3rd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Allworth Financial LP lifted its position in First Trust High Yield Opportunities 2027 Term Fund by 30.5% in the third quarter. Allworth Financial LP now owns 4,714 shares of the company’s stock valued at $71,000 after purchasing an additional 1,102 shares during the period. Oppenheimer & Co. Inc. grew its stake in First Trust High Yield Opportunities 2027 Term Fund by 3.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 81,960 shares of the company’s stock worth $1,239,000 after acquiring an additional 2,589 shares during the period. Black Point Wealth Management raised its holdings in First Trust High Yield Opportunities 2027 Term Fund by 9.9% in the 4th quarter. Black Point Wealth Management now owns 62,707 shares of the company’s stock valued at $908,000 after acquiring an additional 5,668 shares during the last quarter. Magnus Financial Group LLC lifted its stake in shares of First Trust High Yield Opportunities 2027 Term Fund by 30.4% during the 4th quarter. Magnus Financial Group LLC now owns 33,407 shares of the company’s stock worth $484,000 after purchasing an additional 7,785 shares during the period. Finally, Apollon Wealth Management LLC boosted its holdings in shares of First Trust High Yield Opportunities 2027 Term Fund by 48.2% during the fourth quarter. Apollon Wealth Management LLC now owns 25,708 shares of the company’s stock worth $372,000 after purchasing an additional 8,367 shares during the last quarter.