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 large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 7,467 shares, a decrease of 60.0% from the July 15th total of 18,678 shares. Based on an average trading volume of 5,007 shares, the short-interest ratio is currently 1.5 days. Currently, 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On First Trust Active Global Quality Income ETF

Large investors have recently modified their holdings of the stock. Osaic Holdings Inc. lifted its stake in shares of First Trust Active Global Quality Income ETF by 2.2% during the 2nd quarter. Osaic Holdings Inc. now owns 36,966 shares of the company’s stock worth $569,000 after buying an additional 781 shares during the last quarter. UBS Group AG grew its stake in First Trust Active Global Quality Income ETF by 12.2% in the 3rd quarter. UBS Group AG now owns 35,685 shares of the company’s stock valued at $571,000 after buying an additional 3,879 shares during the last quarter. International Assets Investment Management LLC acquired a new position in First Trust Active Global Quality Income ETF in the 4th quarter valued at about $105,000. Prospera Financial Services Inc raised its holdings in First Trust Active Global Quality Income ETF by 15.3% in the 4th quarter. Prospera Financial Services Inc now owns 56,358 shares of the company’s stock valued at $930,000 after acquiring an additional 7,462 shares during the period. Finally, Virtu Financial LLC bought a new position in First Trust Active Global Quality Income ETF in the 3rd quarter valued at about $170,000.

First Trust Active Global Quality Income ETF Price Performance

First Trust Active Global Quality Income ETF stock traded down $0.01 during mid-day trading on Friday, hitting $18.79. 2,391 shares of the company’s stock traded hands, compared to its average volume of 7,364. The firm has a 50 day simple moving average of $18.26 and a two-hundred day simple moving average of $17.85. First Trust Active Global Quality Income ETF has a fifty-two week low of $15.54 and a fifty-two week high of $18.88. The stock has a market cap of $55.99 million, a price-to-earnings ratio of 18.15 and a beta of 0.75.

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.