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 decrease in short interest during the month of July. As of July 15th, there was short interest totaling 62,459 shares, a decrease of 45.5% from the June 30th total of 114,613 shares. Based on an average trading volume of 73,557 shares, the days-to-cover ratio is presently 0.8 days.

First Trust High Yield Opportunities 2027 Term Fund Trading Up 0.3%

Shares of FTHY stock traded up $0.04 during trading hours on Thursday, hitting $13.61. 74,463 shares of the company were exchanged, compared to its average volume of 97,714. The firm has a fifty day moving average of $13.56 and a 200 day moving average of $13.68. First Trust High Yield Opportunities 2027 Term Fund has a 1 year low of $13.20 and a 1 year high of $14.84.

First Trust High Yield Opportunities 2027 Term Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Monday, August 3rd will be issued a $0.125 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date is Monday, August 3rd.

Institutional Trading of First Trust High Yield Opportunities 2027 Term Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Cetera Investment Advisers boosted its holdings in First Trust High Yield Opportunities 2027 Term Fund by 23.4% in the second quarter. Cetera Investment Advisers now owns 20,440 shares of the company’s stock valued at $304,000 after acquiring an additional 3,880 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of First Trust High Yield Opportunities 2027 Term Fund by 466.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,073 shares of the company’s stock worth $90,000 after purchasing an additional 5,000 shares during the period. Raymond James Financial Inc. raised its holdings in shares of First Trust High Yield Opportunities 2027 Term Fund by 2.9% in the 2nd quarter. Raymond James Financial Inc. now owns 44,044 shares of the company’s stock worth $654,000 after purchasing an additional 1,225 shares during the period. UBS Group AG lifted its stake in shares of First Trust High Yield Opportunities 2027 Term Fund by 1.8% in the 3rd quarter. UBS Group AG now owns 75,691 shares of the company’s stock valued at $1,097,000 after purchasing an additional 1,373 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new position in shares of First Trust High Yield Opportunities 2027 Term Fund in the 3rd quarter valued at about $240,000.

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.