First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Short Interest Update

by · The Markets Daily

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP – Get Free Report) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 110,224 shares, a decline of 73.1% from the May 31st total of 409,624 shares. Based on an average trading volume of 394,279 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

First Trust North American Energy Infrastructure Fund Trading Up 0.5%

NYSEARCA EMLP traded up $0.24 on Friday, reaching $44.03. The company’s stock had a trading volume of 398,583 shares, compared to its average volume of 276,265. First Trust North American Energy Infrastructure Fund has a 52 week low of $36.70 and a 52 week high of $44.76. The firm has a market cap of $4.01 billion, a PE ratio of 17.59 and a beta of 0.56. The business has a 50-day moving average price of $43.54 and a 200 day moving average price of $41.96.

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

Several large investors have recently modified their holdings of the stock. Kohmann Bosshard Financial Services LLC acquired a new stake in First Trust North American Energy Infrastructure Fund in the 4th quarter valued at $31,000. Darwin Wealth Management LLC bought a new position in shares of First Trust North American Energy Infrastructure Fund during the second quarter valued at $33,000. Sound Income Strategies LLC boosted its stake in shares of First Trust North American Energy Infrastructure Fund by 47,500.0% in the 4th quarter. Sound Income Strategies LLC now owns 952 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 950 shares in the last quarter. Assetmark Inc. boosted its stake in shares of First Trust North American Energy Infrastructure Fund by 71.7% in the 4th quarter. Assetmark Inc. now owns 972 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 406 shares in the last quarter. Finally, Bessemer Group Inc. acquired a new stake in shares of First Trust North American Energy Infrastructure Fund in the 1st quarter valued at $41,000.

First Trust North American Energy Infrastructure Fund Company Profile

(Get Free Report)

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.

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