FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) Stock Short Interest Report for October

FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 47,820 shares, an increase of 100.5% from the September 30th total of 23,850 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 17,363 shares, the days-to-cover ratio is presently 2.8 days.

Institutional Investors Weigh In On FT Energy Income Partners Strategy ETF

Several hedge funds have recently bought and sold shares of EIPX. D.A. Davidson & CO. purchased a new stake in shares of FT Energy Income Partners Strategy ETF in the third quarter worth $266,000. Balance Wealth Partners LLC purchased a new position in shares of FT Energy Income Partners Strategy ETF in the 3rd quarter worth about $46,000. Manchester Capital Management LLC purchased a new position in shares of FT Energy Income Partners Strategy ETF in the 3rd quarter worth about $263,000. Signal Advisors Wealth LLC boosted its stake in FT Energy Income Partners Strategy ETF by 25.5% in the 3rd quarter. Signal Advisors Wealth LLC now owns 40,195 shares of the company’s stock worth $1,257,000 after purchasing an additional 8,155 shares in the last quarter. Finally, Envestnet Asset Management Inc. bought a new position in FT Energy Income Partners Strategy ETF in the 2nd quarter worth about $229,000.

FT Energy Income Partners Strategy ETF Trading Up 0.4%

FT Energy Income Partners Strategy ETF stock traded up $0.12 on Friday, hitting $34.28. 7,637 shares of the stock traded hands, compared to its average volume of 37,606. FT Energy Income Partners Strategy ETF has a 1 year low of $25.89 and a 1 year high of $34.37. The firm has a market cap of $599.90 million, a P/E ratio of 14.99 and a beta of 0.34. The business’s fifty day simple moving average is $32.95 and its 200 day simple moving average is $31.83.

About FT Energy Income Partners Strategy ETF

The FT Energy Income Partners Strategy ETF (EIPX) is an exchange-traded fund that mostly invests in energy equity. The fund seeks risk-adjusted total return through an actively managed portfolio of global stocks in the energy sector, as broadly defined by the funds sub-adviser. EIPX was launched on Nov 2, 2022 and is managed by First Trust.