Short Interest in First Trust Managed Futures Strategy Fund (NYSEARCA:FMF) Decreases By 33.6%

First Trust Managed Futures Strategy Fund (NYSEARCA:FMF) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 18,027 shares, a drop of 33.6% from the February 12th total of 27,159 shares. Based on an average trading volume of 16,893 shares, the short-interest ratio is currently 1.1 days. Approximately 0.4% of the shares of the company are sold short. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 16,893 shares, the short-interest ratio is currently 1.1 days.

Institutional Investors Weigh In On First Trust Managed Futures Strategy Fund

A number of institutional investors have recently added to or reduced their stakes in the business. World Investment Advisors raised its stake in shares of First Trust Managed Futures Strategy Fund by 44.6% during the 4th quarter. World Investment Advisors now owns 14,118 shares of the company’s stock worth $664,000 after buying an additional 4,352 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of First Trust Managed Futures Strategy Fund by 79.9% in the fourth quarter. Cetera Investment Advisers now owns 330,595 shares of the company’s stock valued at $15,554,000 after buying an additional 146,811 shares in the last quarter. GeoWealth Management LLC boosted its stake in shares of First Trust Managed Futures Strategy Fund by 11.9% in the fourth quarter. GeoWealth Management LLC now owns 21,368 shares of the company’s stock valued at $1,005,000 after buying an additional 2,270 shares in the last quarter. Osaic Holdings Inc. grew its holdings in First Trust Managed Futures Strategy Fund by 4.8% during the fourth quarter. Osaic Holdings Inc. now owns 41,832 shares of the company’s stock worth $1,968,000 after acquiring an additional 1,909 shares during the period. Finally, Royal Bank of Canada grew its holdings in First Trust Managed Futures Strategy Fund by 211.2% during the fourth quarter. Royal Bank of Canada now owns 7,538 shares of the company’s stock worth $355,000 after acquiring an additional 5,116 shares during the period.

First Trust Managed Futures Strategy Fund Stock Down 0.5%

Shares of NYSEARCA:FMF traded down $0.27 during midday trading on Friday, hitting $50.88. The stock had a trading volume of 20,249 shares, compared to its average volume of 22,534. First Trust Managed Futures Strategy Fund has a 1 year low of $44.08 and a 1 year high of $52.44. The stock has a 50 day moving average price of $49.20 and a two-hundred day moving average price of $48.62.

First Trust Managed Futures Strategy Fund Company Profile

The First Trust Managed Futures Strategy Fund (FMF) is an exchange-traded fund that is based on the Morningstar Diversified Futures index. The fund seeks positive returns uncorrelated with major asset classes. The actively managed fund uses futures in commodity (50%), currency (25%) and equity (25%) indexes. FMF was launched on Aug 1, 2013 and is managed by First Trust.