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 recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 24,563 shares, an increase of 38.4% from the November 30th total of 17,744 shares. Based on an average daily volume of 162,248 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 162,248 shares, the short-interest ratio is presently 0.2 days.

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

Large investors have recently made changes to their positions in the stock. CX Institutional purchased a new stake in First Trust High Yield Opportunities 2027 Term Fund during the third quarter worth about $28,000. Colonial Trust Advisors lifted its position 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 valued at $43,000 after acquiring an additional 2,250 shares during the period. Northwestern Mutual Wealth Management Co. boosted 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 acquiring an additional 5,000 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of First Trust High Yield Opportunities 2027 Term Fund in the 2nd quarter worth approximately $110,000. Finally, Daymark Wealth Partners LLC purchased a new position in First Trust High Yield Opportunities 2027 Term Fund in the 2nd quarter valued at approximately $160,000.

First Trust High Yield Opportunities 2027 Term Fund Stock Performance

Shares of FTHY stock traded down $0.01 during trading hours on Tuesday, reaching $14.10. 148,200 shares of the company’s stock were exchanged, compared to its average volume of 102,655. The company’s 50 day moving average is $14.09 and its two-hundred day moving average is $14.39. First Trust High Yield Opportunities 2027 Term Fund has a 1 year low of $12.84 and a 1 year high of $14.98.

First Trust High Yield Opportunities 2027 Term Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, January 26th. Shareholders of record on Friday, January 2nd will be issued a $0.125 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a c) dividend on an annualized basis and a yield of 10.6%.

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.