First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 211,210 shares, a decline of 70.1% from the October 31st total of 707,516 shares. Based on an average daily trading volume, of 468,997 shares, the short-interest ratio is presently 0.5 days.

A number of hedge funds have recently made changes to their positions in EMLP. Benjamin F. Edwards & Company Inc. raised its stake in shares of First Trust North American Energy Infrastructure Fund by 14.4% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 23,582 shares of the exchange traded fund’s stock valued at $579,000 after purchasing an additional 2,961 shares during the period. Nwam LLC purchased a new stake in shares of First Trust North American Energy Infrastructure Fund during the second quarter valued at approximately $1,021,000. JFS Wealth Advisors LLC raised its stake in shares of First Trust North American Energy Infrastructure Fund by 116.4% during the second quarter. JFS Wealth Advisors LLC now owns 398,262 shares of the exchange traded fund’s stock valued at $9,777,000 after purchasing an additional 214,260 shares during the period. SignalPoint Asset Management LLC raised its stake in shares of First Trust North American Energy Infrastructure Fund by 1.3% during the second quarter. SignalPoint Asset Management LLC now owns 39,183 shares of the exchange traded fund’s stock valued at $962,000 after purchasing an additional 496 shares during the period. Finally, National Planning Corp raised its stake in shares of First Trust North American Energy Infrastructure Fund by 9.0% during the second quarter. National Planning Corp now owns 16,368 shares of the exchange traded fund’s stock valued at $406,000 after purchasing an additional 1,349 shares during the period.

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) opened at $24.14 on Thursday. First Trust North American Energy Infrastructure Fund has a 12-month low of $23.97 and a 12-month high of $25.85.

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