First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Short Interest Up 44.4% in December

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 337,418 shares, an increase of 44.4% from the December 15th total of 233,692 shares. Based on an average trading volume of 228,752 shares, the short-interest ratio is currently 1.5 days. Approximately 0.4% of the company’s stock are sold short. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 228,752 shares, the short-interest ratio is currently 1.5 days.

First Trust North American Energy Infrastructure Fund Stock Performance

Shares of EMLP traded up $0.27 during trading hours on Friday, hitting $39.32. The company had a trading volume of 243,398 shares, compared to its average volume of 287,209. The stock has a market capitalization of $3.51 billion, a price-to-earnings ratio of 17.59 and a beta of 0.65. The firm has a fifty day moving average price of $38.25 and a 200-day moving average price of $37.97. First Trust North American Energy Infrastructure Fund has a 52-week low of $32.62 and a 52-week high of $39.34.

Institutional Investors Weigh In On First Trust North American Energy Infrastructure Fund

Hedge funds have recently made changes to their positions in the company. Wagner Wealth Management LLC grew its position in shares of First Trust North American Energy Infrastructure Fund by 0.8% in the 2nd quarter. Wagner Wealth Management LLC now owns 36,658 shares of the exchange traded fund’s stock worth $1,375,000 after buying an additional 282 shares during the last quarter. Silver Oak Securities Incorporated grew its holdings in First Trust North American Energy Infrastructure Fund by 1.2% in the fourth quarter. Silver Oak Securities Incorporated now owns 23,299 shares of the exchange traded fund’s stock worth $887,000 after purchasing an additional 287 shares during the last quarter. National Wealth Management Group LLC increased its position in shares of First Trust North American Energy Infrastructure Fund by 3.7% during the third quarter. National Wealth Management Group LLC now owns 8,809 shares of the exchange traded fund’s stock worth $337,000 after purchasing an additional 311 shares in the last quarter. Tyler Stone Wealth Management lifted its holdings in shares of First Trust North American Energy Infrastructure Fund by 4.6% during the 2nd quarter. Tyler Stone Wealth Management now owns 7,857 shares of the exchange traded fund’s stock valued at $295,000 after purchasing an additional 343 shares during the last quarter. Finally, Level Four Advisory Services LLC lifted its holdings in shares of First Trust North American Energy Infrastructure Fund by 3.1% during the 2nd quarter. Level Four Advisory Services LLC now owns 11,887 shares of the exchange traded fund’s stock valued at $446,000 after purchasing an additional 363 shares during the last quarter.

About First Trust North American Energy Infrastructure Fund

The First Trust North American Energy Infrastructure Fund (EMLP) is an exchange-traded fund that is based on the Alerian MLP index. The fund is an actively managed fund that invests in North American energy infrastructure MLPs and LLCs. EMLP was launched on Jun 21, 2012 and is managed by First Trust.