Short Interest in First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Declines By 65.9%

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 8,376 shares, a decrease of 65.9% from the December 15th total of 24,563 shares. Based on an average daily volume of 185,368 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 185,368 shares, the days-to-cover ratio is presently 0.0 days.

First Trust High Yield Opportunities 2027 Term Fund Stock Up 0.4%

Shares of NYSE FTHY opened at $14.20 on Tuesday. The firm’s fifty day moving average is $14.06 and its 200 day moving average is $14.37. First Trust High Yield Opportunities 2027 Term Fund has a 52 week low of $12.84 and a 52 week high of $14.98.

First Trust High Yield Opportunities 2027 Term Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, January 26th. Stockholders of record on Friday, January 2nd will be paid a dividend of $0.125 per share. This represents a c) annualized dividend and a dividend yield of 10.6%. The ex-dividend date of this dividend is Friday, January 2nd.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. CX Institutional purchased a new stake in First Trust High Yield Opportunities 2027 Term Fund in the 3rd quarter worth approximately $28,000. Colonial Trust Advisors lifted its stake in First Trust High Yield Opportunities 2027 Term Fund by 300.0% in the third quarter. Colonial Trust Advisors now owns 3,000 shares of the company’s stock worth $43,000 after acquiring an additional 2,250 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in First Trust High Yield Opportunities 2027 Term Fund by 466.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,073 shares of the company’s stock worth $90,000 after acquiring an additional 5,000 shares during the period. Ameritas Advisory Services LLC bought a new stake in First Trust High Yield Opportunities 2027 Term Fund in the second quarter valued at $110,000. Finally, Daymark Wealth Partners LLC purchased a new position in First Trust High Yield Opportunities 2027 Term Fund during the 2nd quarter valued at $160,000.

First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) is a closed-end management investment company organized as a diversified term fund. Scheduled to terminate in 2027, the fund seeks to provide shareholders with high current income and the potential for capital appreciation through a portfolio of fixed-income securities. It operates under the management of First Trust Advisors L.P., a subsidiary of First Trust, and utilizes professional research and risk-management processes to construct its holdings.

The fund primarily invests in U.S.