First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) Short Interest Down 67.3% in February

First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 14,950 shares, a decrease of 67.3% from the January 29th total of 45,690 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 121,526 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 121,526 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s shares are short sold.

First Trust Structured Credit Income Opportunities ETF Price Performance

NYSEARCA SCIO traded up $0.04 on Friday, hitting $20.96. 306,123 shares of the stock were exchanged, compared to its average volume of 172,895. The company’s 50-day moving average price is $20.86 and its two-hundred day moving average price is $20.83. First Trust Structured Credit Income Opportunities ETF has a 52-week low of $20.06 and a 52-week high of $22.51. The company has a market capitalization of $178.16 million, a price-to-earnings ratio of -276.82 and a beta of 0.08.

First Trust Structured Credit Income Opportunities ETF Company Profile

The First Trust Structured Credit Income Opportunities ETF (SCIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to maximize long-term income by holding intermediate-term structured credit investments such as RMBS, CMBS, CLOs, and ABS. Securities are of any credit quality. SCIO was launched on Feb 27, 2024 and is issued by First Trust.