First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) Short Interest Update

First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 21,242 shares, a decline of 37.4% from the April 30th total of 33,938 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 31,819 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On First Trust Active Global Quality Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Virtu Financial LLC lifted its position in First Trust Active Global Quality Income ETF by 152.2% during the 4th quarter. Virtu Financial LLC now owns 26,720 shares of the company’s stock worth $441,000 after acquiring an additional 16,124 shares in the last quarter. Prospera Financial Services Inc lifted its position in First Trust Active Global Quality Income ETF by 15.3% during the 4th quarter. Prospera Financial Services Inc now owns 56,358 shares of the company’s stock worth $930,000 after acquiring an additional 7,462 shares in the last quarter. Global Retirement Partners LLC acquired a new position in First Trust Active Global Quality Income ETF during the 4th quarter worth approximately $547,000. International Assets Investment Management LLC acquired a new position in First Trust Active Global Quality Income ETF during the 4th quarter worth approximately $105,000. Finally, Susquehanna International Group LLP lifted its position in First Trust Active Global Quality Income ETF by 41.2% during the 3rd quarter. Susquehanna International Group LLP now owns 44,872 shares of the company’s stock worth $718,000 after acquiring an additional 13,099 shares in the last quarter.

First Trust Active Global Quality Income ETF Stock Performance

First Trust Active Global Quality Income ETF stock opened at $18.27 on Friday. The stock’s 50 day moving average price is $17.62 and its 200 day moving average price is $17.25. The firm has a market capitalization of $59.01 million, a PE ratio of 18.15 and a beta of 0.75. First Trust Active Global Quality Income ETF has a one year low of $14.90 and a one year high of $18.36.

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.