First Trust Managed Futures Strategy Fund (NYSEARCA:FMF) Short Interest Down 35.7% in August

First Trust Managed Futures Strategy Fund (NYSEARCA:FMF) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 7,400 shares, a decrease of 35.7% from the August 15th total of 11,500 shares. Based on an average daily trading volume, of 16,800 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 16,800 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Jane Street Group LLC acquired a new position in shares of First Trust Managed Futures Strategy Fund in the 4th quarter worth approximately $591,000. Richmond Investment Services LLC acquired a new position in First Trust Managed Futures Strategy Fund in the fourth quarter worth $248,000. GAMMA Investing LLC grew its holdings in shares of First Trust Managed Futures Strategy Fund by 1,421.6% during the first quarter. GAMMA Investing LLC now owns 1,476 shares of the company’s stock worth $68,000 after purchasing an additional 1,379 shares during the last quarter. Iams Wealth Management LLC increased its stake in shares of First Trust Managed Futures Strategy Fund by 3.8% in the first quarter. Iams Wealth Management LLC now owns 23,767 shares of the company’s stock valued at $1,096,000 after buying an additional 861 shares in the last quarter. Finally, Fermata Advisors LLC raised its holdings in shares of First Trust Managed Futures Strategy Fund by 2.6% in the first quarter. Fermata Advisors LLC now owns 13,679 shares of the company’s stock valued at $631,000 after buying an additional 342 shares during the last quarter.

First Trust Managed Futures Strategy Fund Trading Down 0.2%

Shares of NYSEARCA:FMF opened at $48.06 on Monday. The business’s fifty day moving average price is $46.93 and its two-hundred day moving average price is $46.01. First Trust Managed Futures Strategy Fund has a fifty-two week low of $44.08 and a fifty-two week high of $49.69.

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.