First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Short Interest Up 44.4% in December

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 337,418 shares, a growth of 44.4% from the December 15th total of 233,692 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 228,752 shares, the days-to-cover ratio is presently 1.5 days. Based on an average trading volume of 228,752 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.4% of the shares of the stock are sold short.

First Trust North American Energy Infrastructure Fund Price Performance

NYSEARCA:EMLP traded up $0.27 during trading hours on Friday, hitting $39.32. The company’s stock had a trading volume of 243,398 shares, compared to its average volume of 287,209. First Trust North American Energy Infrastructure Fund has a twelve month low of $32.62 and a twelve month high of $39.34. The stock has a fifty day simple moving average of $38.25 and a 200-day simple moving average of $37.98. The company has a market capitalization of $3.51 billion, a P/E ratio of 17.59 and a beta of 0.65.

Institutional Trading of First Trust North American Energy Infrastructure Fund

Hedge funds have recently added to or reduced their stakes in the stock. Keystone Financial Group Inc. boosted its position in First Trust North American Energy Infrastructure Fund by 21.5% during the second quarter. Keystone Financial Group Inc. now owns 77,458 shares of the exchange traded fund’s stock valued at $2,922,000 after acquiring an additional 13,694 shares during the last quarter. Lee Johnson Capital Management LLC bought a new stake in shares of First Trust North American Energy Infrastructure Fund during the 2nd quarter valued at about $351,000. G&S Capital LLC grew its stake in First Trust North American Energy Infrastructure Fund by 2.5% during the second quarter. G&S Capital LLC now owns 22,514 shares of the exchange traded fund’s stock worth $845,000 after purchasing an additional 554 shares during the period. Capital Investment Advisors LLC grew its stake in First Trust North American Energy Infrastructure Fund by 3.5% during the second quarter. Capital Investment Advisors LLC now owns 3,842,513 shares of the exchange traded fund’s stock worth $144,133,000 after purchasing an additional 129,664 shares during the period. Finally, Barry Investment Advisors LLC increased its holdings in First Trust North American Energy Infrastructure Fund by 1.4% in the second quarter. Barry Investment Advisors LLC now owns 424,868 shares of the exchange traded fund’s stock worth $15,937,000 after purchasing an additional 6,063 shares in the last quarter.

First Trust North American Energy Infrastructure Fund Company Profile

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.