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

First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) saw a large decline in short interest in the month of 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. Currently, 0.7% of the company’s shares are short sold. Based on an average daily volume of 31,819 shares, the days-to-cover ratio is presently 0.7 days.

First Trust Active Global Quality Income ETF Price Performance

Shares of NYSEARCA:AGQI opened at $18.31 on Wednesday. The company has a market capitalization of $59.14 million, a price-to-earnings ratio of 18.15 and a beta of 0.75. The business’s 50-day moving average is $17.54 and its 200-day moving average is $17.21. First Trust Active Global Quality Income ETF has a 1 year low of $14.90 and a 1 year high of $18.36.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in AGQI. Jane Street Group LLC acquired a new position in First Trust Active Global Quality Income ETF during the 1st quarter worth approximately $380,000. Flow Traders U.S. LLC bought a new stake in First Trust Active Global Quality Income ETF during the 2nd quarter worth approximately $324,000. Osaic Holdings Inc. increased its holdings in First Trust Active Global Quality Income ETF by 2.2% during the 2nd quarter. Osaic Holdings Inc. now owns 36,966 shares of the company’s stock worth $569,000 after purchasing an additional 781 shares in the last quarter. Prospera Financial Services Inc bought a new stake in First Trust Active Global Quality Income ETF during the 3rd quarter worth approximately $783,000. Finally, UBS Group AG increased its holdings in First Trust Active Global Quality Income ETF by 12.2% during the 3rd quarter. UBS Group AG now owns 35,685 shares of the company’s stock worth $571,000 after purchasing an additional 3,879 shares in the last quarter.

First Trust Active Global Quality Income ETF Company Profile

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.