FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) Short Interest Update

FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 57,377 shares, a growth of 52.6% from the August 31st total of 37,605 shares. Based on an average daily trading volume, of 33,267 shares, the short-interest ratio is presently 1.7 days. Approximately 0.3% of the company’s shares are sold short.

FT Energy Income Partners Strategy ETF Stock Down 1.1%

Shares of FT Energy Income Partners Strategy ETF stock opened at $31.14 on Thursday. The company has a market cap of $543.34 million, a PE ratio of 14.99 and a beta of 0.32. The business has a 50 day moving average of $32.90 and a 200 day moving average of $32.28. FT Energy Income Partners Strategy ETF has a 52 week low of $25.38 and a 52 week high of $34.09.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in EIPX. Concurrent Investment Advisors LLC lifted its position in shares of FT Energy Income Partners Strategy ETF by 2.7% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 28,267 shares of the company’s stock worth $885,000 after purchasing an additional 735 shares during the period. Fifth Third Bancorp purchased a new position in shares of FT Energy Income Partners Strategy ETF during the first quarter valued at about $26,000. Private Advisor Group LLC raised its stake in FT Energy Income Partners Strategy ETF by 5.5% in the first quarter. Private Advisor Group LLC now owns 18,462 shares of the company’s stock worth $594,000 after buying an additional 964 shares in the last quarter. HBW Advisory Services LLC raised its stake in FT Energy Income Partners Strategy ETF by 3.2% in the first quarter. HBW Advisory Services LLC now owns 51,215 shares of the company’s stock worth $1,647,000 after buying an additional 1,589 shares in the last quarter. Finally, Sigma Planning Corp lifted its holdings in FT Energy Income Partners Strategy ETF by 13.2% in the first quarter. Sigma Planning Corp now owns 15,685 shares of the company’s stock worth $504,000 after buying an additional 1,835 shares during the period.

FT Energy Income Partners Strategy ETF Company Profile

The FT Energy Income Partners Strategy ETF (EIPX) is an exchange-traded fund that mostly invests in energy equity. The fund seeks risk-adjusted total return through an actively managed portfolio of global stocks in the energy sector, as broadly defined by the funds sub-adviser. EIPX was launched on Nov 2, 2022 and is managed by First Trust.