First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Short Interest Down 48.6% in January

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 173,295 shares, a decline of 48.6% from the December 31st total of 337,418 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 291,640 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 291,640 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the company’s shares are sold short.

First Trust North American Energy Infrastructure Fund Stock Down 0.3%

NYSEARCA EMLP traded down $0.12 during trading on Friday, hitting $40.10. The stock had a trading volume of 150,496 shares, compared to its average volume of 263,090. First Trust North American Energy Infrastructure Fund has a twelve month low of $32.62 and a twelve month high of $40.43. The company has a market capitalization of $3.59 billion, a PE ratio of 17.59 and a beta of 0.65. The firm has a 50 day moving average price of $38.50 and a 200 day moving average price of $38.14.

Institutional Investors Weigh In On First Trust North American Energy Infrastructure Fund

A number of institutional investors and hedge funds have recently modified their holdings of EMLP. Sigma Planning Corp increased its position in shares of First Trust North American Energy Infrastructure Fund by 1.3% during the 4th quarter. Sigma Planning Corp now owns 51,261 shares of the exchange traded fund’s stock valued at $1,941,000 after purchasing an additional 668 shares during the period. Wagner Wealth Management LLC grew its position in First Trust North American Energy Infrastructure Fund by 2.3% in the fourth quarter. Wagner Wealth Management LLC now owns 38,965 shares of the exchange traded fund’s stock worth $1,476,000 after acquiring an additional 886 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of First Trust North American Energy Infrastructure Fund in the fourth quarter worth about $31,000. Certuity LLC lifted its stake in shares of First Trust North American Energy Infrastructure Fund by 200.7% in the fourth quarter. Certuity LLC now owns 51,217 shares of the exchange traded fund’s stock worth $1,940,000 after buying an additional 34,186 shares during the last quarter. Finally, M&T Bank Corp boosted its holdings in shares of First Trust North American Energy Infrastructure Fund by 186.3% during the 4th quarter. M&T Bank Corp now owns 107,432 shares of the exchange traded fund’s stock worth $4,069,000 after buying an additional 69,904 shares during the period.

About First Trust North American Energy Infrastructure Fund

The First Trust North American Energy Infrastructure Fund (EMLP) is an exchange-traded fund that is based on the Alerian MLP index. The fund is an actively managed fund that invests in North American energy infrastructure MLPs and LLCs. EMLP was launched on Jun 21, 2012 and is managed by First Trust.