Short Interest in First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) Grows By 136.2%

First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) was the target of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 45,339 shares, an increase of 136.2% from the February 12th total of 19,194 shares. Based on an average daily trading volume, of 12,552 shares, the short-interest ratio is presently 3.6 days. Currently, 1.4% of the company’s shares are sold short. Currently, 1.4% of the company’s shares are sold short. Based on an average daily trading volume, of 12,552 shares, the short-interest ratio is presently 3.6 days.

Institutional Investors Weigh In On First Trust Active Global Quality Income ETF

A number of institutional investors have recently made changes to their positions in the stock. International Assets Investment Management LLC acquired a new position in First Trust Active Global Quality Income ETF in the fourth quarter valued at about $105,000. Virtu Financial LLC acquired a new position in shares of First Trust Active Global Quality Income ETF during the 3rd quarter worth about $170,000. Flow Traders U.S. LLC bought a new stake in shares of First Trust Active Global Quality Income ETF in the 2nd quarter valued at about $324,000. Jane Street Group LLC acquired a new stake in shares of First Trust Active Global Quality Income ETF in the 1st quarter valued at approximately $380,000. Finally, Global Retirement Partners LLC bought a new position in First Trust Active Global Quality Income ETF during the 4th quarter worth approximately $547,000.

First Trust Active Global Quality Income ETF Stock Down 0.3%

AGQI stock traded down $0.05 during midday trading on Friday, reaching $17.10. The company’s stock had a trading volume of 4,542 shares, compared to its average volume of 7,919. The business’s 50-day simple moving average is $17.53 and its 200-day simple moving average is $16.63. First Trust Active Global Quality Income ETF has a 52 week low of $12.44 and a 52 week high of $18.36. The stock has a market cap of $56.94 million, a PE ratio of 18.15 and a beta of 0.91.

About First Trust Active Global Quality Income ETF

The First Trust Active Global Quality Income ETF -VIII- (AGQI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of globally listed dividend-paying equities selected using fundamental analysis. The fund seeks to provide income with the potential for long-term capital appreciation AGQI was launched on Sep 24, 2015 and is issued by First Trust.