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

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 86,375 shares, a decrease of 39.6% from the July 30th total of 143,040 shares. Based on an average daily volume of 98,656 shares, the short-interest ratio is presently 0.9 days.

Hedge Funds Weigh In On First Trust High Yield Opportunities 2027 Term Fund

Several institutional investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC lifted its position in shares of First Trust High Yield Opportunities 2027 Term Fund by 4.2% during the first quarter. Janney Montgomery Scott LLC now owns 18,725 shares of the company’s stock worth $253,000 after purchasing an additional 750 shares in the last quarter. Signature Equity Partners LLC grew its holdings in shares of First Trust High Yield Opportunities 2027 Term Fund by 2.7% in the first quarter. Signature Equity Partners LLC now owns 31,055 shares of the company’s stock valued at $420,000 after purchasing an additional 823 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of First Trust High Yield Opportunities 2027 Term Fund by 2.9% in the second quarter. Raymond James Financial Inc. now owns 44,044 shares of the company’s stock valued at $654,000 after purchasing an additional 1,225 shares in the last quarter. CreativeOne Wealth LLC increased its stake in First Trust High Yield Opportunities 2027 Term Fund by 7.1% during the 4th quarter. CreativeOne Wealth LLC now owns 19,600 shares of the company’s stock worth $276,000 after buying an additional 1,300 shares during the period. Finally, UBS Group AG increased its stake in First Trust High Yield Opportunities 2027 Term Fund by 1.8% during the 3rd quarter. UBS Group AG now owns 75,691 shares of the company’s stock worth $1,097,000 after buying an additional 1,373 shares during the period.

First Trust High Yield Opportunities 2027 Term Fund Trading Down 0.9%

Shares of FTHY traded down $0.12 during midday trading on Tuesday, hitting $13.27. 100,000 shares of the stock were exchanged, compared to its average volume of 97,435. First Trust High Yield Opportunities 2027 Term Fund has a 52-week low of $13.20 and a 52-week high of $14.84. The stock has a fifty day simple moving average of $13.53 and a 200 day simple moving average of $13.57.

First Trust High Yield Opportunities 2027 Term Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a c) annualized dividend and a yield of 11.3%.

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.