First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Short Interest Update

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 64,586 shares, an increase of 18.1% from the February 26th total of 54,670 shares. Based on an average trading volume of 149,012 shares, the short-interest ratio is currently 0.4 days.

First Trust High Yield Opportunities 2027 Term Fund Trading Down 0.7%

Shares of NYSE:FTHY opened at $13.43 on Thursday. First Trust High Yield Opportunities 2027 Term Fund has a 1 year low of $12.84 and a 1 year high of $14.98. The business has a fifty day simple moving average of $13.83 and a 200 day simple moving average of $14.06.

First Trust High Yield Opportunities 2027 Term Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, April 27th. Stockholders of record on Wednesday, April 1st will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 11.2%.

Institutional Investors Weigh In On First Trust High Yield Opportunities 2027 Term Fund

Several large investors have recently made changes to their positions in FTHY. CX Institutional bought a new position in First Trust High Yield Opportunities 2027 Term Fund during the third quarter valued at approximately $28,000. Colonial Trust Advisors increased its stake in shares of First Trust High Yield Opportunities 2027 Term Fund by 300.0% during the 3rd quarter. Colonial Trust Advisors now owns 3,000 shares of the company’s stock worth $43,000 after purchasing an additional 2,250 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of First Trust High Yield Opportunities 2027 Term Fund by 466.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,073 shares of the company’s stock worth $90,000 after purchasing an additional 5,000 shares during the last quarter. Camelot Portfolios LLC bought a new position in shares of First Trust High Yield Opportunities 2027 Term Fund during the 4th quarter valued at $98,000. Finally, N.E.W. Advisory Services LLC bought a new position in shares of First Trust High Yield Opportunities 2027 Term Fund during the 4th quarter valued at $117,000.

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.