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

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

First Trust Active Global Quality Income ETF Price Performance

First Trust Active Global Quality Income ETF stock opened at $18.25 on Thursday. The stock has a fifty day moving average price of $17.60 and a two-hundred day moving average price of $17.23. First Trust Active Global Quality Income ETF has a 52-week low of $14.90 and a 52-week high of $18.36. The firm has a market capitalization of $58.95 million, a P/E ratio of 18.15 and a beta of 0.75.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Virtu Financial LLC raised its stake in 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 acquiring an additional 16,124 shares in the last quarter. Prospera Financial Services Inc raised its stake in First Trust Active Global Quality Income ETF by 15.3% during the fourth quarter. Prospera Financial Services Inc now owns 56,358 shares of the company’s stock worth $930,000 after acquiring an additional 7,462 shares in the last quarter. Global Retirement Partners LLC acquired a new position in First Trust Active Global Quality Income ETF during the fourth quarter worth $547,000. International Assets Investment Management LLC acquired a new position in First Trust Active Global Quality Income ETF during the fourth quarter worth $105,000. Finally, Susquehanna International Group LLP raised its stake in First Trust Active Global Quality Income ETF by 41.2% during the third quarter. Susquehanna International Group LLP now owns 44,872 shares of the company’s stock worth $718,000 after acquiring an additional 13,099 shares in the last quarter.

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.