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

FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) saw a large increase in short interest during the month of 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. Based on an average daily volume of 17,363 shares, the short-interest ratio is presently 2.8 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Investors Weigh In On FT Energy Income Partners Strategy ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp acquired a new position in FT Energy Income Partners Strategy ETF during the 1st quarter valued at about $26,000. Balance Wealth Partners LLC bought a new position in shares of FT Energy Income Partners Strategy ETF in the third quarter valued at approximately $46,000. Envestnet Asset Management Inc. purchased a new position in shares of FT Energy Income Partners Strategy ETF during the second quarter valued at approximately $229,000. Manchester Capital Management LLC purchased a new position in shares of FT Energy Income Partners Strategy ETF during the third quarter valued at approximately $263,000. Finally, D.A. Davidson & CO. bought a new stake in FT Energy Income Partners Strategy ETF during the third quarter worth $266,000.

FT Energy Income Partners Strategy ETF Trading Up 0.4%

FT Energy Income Partners Strategy ETF stock traded up $0.12 during mid-day trading on Friday, reaching $34.28. The company had a trading volume of 7,637 shares, compared to its average volume of 37,606. FT Energy Income Partners Strategy ETF has a fifty-two week low of $25.89 and a fifty-two week high of $34.37. The business has a fifty day simple moving average of $32.95 and a 200 day simple moving average of $31.83. The company has a market cap of $599.90 million, a P/E ratio of 14.99 and a beta of 0.34.

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.