First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) Short Interest Down 60.0% in July

First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 7,467 shares, a decline of 60.0% from the July 15th total of 18,678 shares. Based on an average trading volume of 5,007 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.3% of the shares of the company are sold short.

First Trust Active Global Quality Income ETF Price Performance

First Trust Active Global Quality Income ETF stock opened at $18.80 on Friday. First Trust Active Global Quality Income ETF has a one year low of $15.54 and a one year high of $18.88. The business has a fifty day moving average price of $18.24 and a 200-day moving average price of $17.84. The firm has a market capitalization of $56.02 million, a P/E ratio of 18.15 and a beta of 0.75.

Institutional Trading of First Trust Active Global Quality Income ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC bought a new position in First Trust Active Global Quality Income ETF in the 4th quarter worth about $105,000. Virtu Financial LLC bought a new stake in shares of First Trust Active Global Quality Income ETF during the third quarter valued at about $170,000. Flow Traders U.S. LLC bought a new stake in shares of First Trust Active Global Quality Income ETF during the second quarter valued at about $324,000. Jane Street Group LLC purchased a new stake in shares of First Trust Active Global Quality Income ETF in the first quarter worth about $380,000. Finally, Global Retirement Partners LLC purchased a new stake in shares of First Trust Active Global Quality Income ETF in the fourth quarter worth about $547,000.

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.