First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) Short Interest Down 67.3% in February

First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) was the target of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 14,950 shares, a drop of 67.3% from the January 29th total of 45,690 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 121,526 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 121,526 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the company’s shares are short sold.

First Trust Structured Credit Income Opportunities ETF Stock Up 0.0%

Shares of SCIO traded up $0.01 during mid-day trading on Thursday, hitting $20.92. 293,798 shares of the company’s stock traded hands, compared to its average volume of 169,350. The firm has a market capitalization of $177.82 million, a P/E ratio of -276.29 and a beta of 0.08. The business’s 50-day moving average price is $20.85 and its 200-day moving average price is $20.83. First Trust Structured Credit Income Opportunities ETF has a 1 year low of $20.06 and a 1 year high of $22.51.

First Trust Structured Credit Income Opportunities ETF Company Profile

The First Trust Structured Credit Income Opportunities ETF (SCIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to maximize long-term income by holding intermediate-term structured credit investments such as RMBS, CMBS, CLOs, and ABS. Securities are of any credit quality. SCIO was launched on Feb 27, 2024 and is issued by First Trust.