FT Energy Income Partners Enhanced Income ETF (NYSEARCA:EIPI) Stock Short Interest Report for October

FT Energy Income Partners Enhanced Income ETF (NYSEARCA:EIPI) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 101,359 shares, a growth of 103.3% from the September 30th total of 49,864 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 75,368 shares, the days-to-cover ratio is currently 1.3 days.

FT Energy Income Partners Enhanced Income ETF Price Performance

NYSEARCA:EIPI traded up $0.04 during mid-day trading on Friday, reaching $23.00. 98,810 shares of the company’s stock traded hands, compared to its average volume of 92,707. FT Energy Income Partners Enhanced Income ETF has a 12-month low of $19.37 and a 12-month high of $23.08. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 16.58 and a beta of 0.17. The company has a 50 day moving average price of $22.33 and a 200-day moving average price of $22.13.

Institutional Investors Weigh In On FT Energy Income Partners Enhanced Income ETF

Large investors have recently made changes to their positions in the business. Kingswood Wealth Advisors LLC purchased a new stake in FT Energy Income Partners Enhanced Income ETF in the third quarter worth $1,806,000. CoreCap Advisors LLC bought a new stake in FT Energy Income Partners Enhanced Income ETF in the third quarter valued at $1,279,000. Bank of New York Mellon Corp increased its position in FT Energy Income Partners Enhanced Income ETF by 173.7% during the 1st quarter. Bank of New York Mellon Corp now owns 41,335 shares of the company’s stock valued at $930,000 after purchasing an additional 26,232 shares during the period. Allied Private Wealth LLC purchased a new position in FT Energy Income Partners Enhanced Income ETF during the 2nd quarter valued at $108,000. Finally, Farther Finance Advisors LLC bought a new position in FT Energy Income Partners Enhanced Income ETF in the 3rd quarter worth $57,000.

About FT Energy Income Partners Enhanced Income ETF

The FT Energy Income Partners Enhanced Income ETF (EIPI) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed fund that seeks total return with a focus on distributions. The fund invests globally within the broader energy market, while combining both covered and naked call options writing strategies to enhance income. EIPI was launched on Sep 27, 2011 and is issued by First Trust.