First Trust Managed Futures Strategy Fund (NYSEARCA:FMF) Short Interest Update

First Trust Managed Futures Strategy Fund (NYSEARCA:FMF) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 33,745 shares, an increase of 179.8% from the July 30th total of 12,059 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 35,629 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of First Trust Managed Futures Strategy Fund

Several hedge funds have recently bought and sold shares of FMF. Balboa Wealth Partners lifted its position in First Trust Managed Futures Strategy Fund by 3.8% in the 1st quarter. Balboa Wealth Partners now owns 11,198 shares of the company’s stock valued at $567,000 after acquiring an additional 410 shares in the last quarter. World Investment Advisors increased its holdings in First Trust Managed Futures Strategy Fund by 44.6% during the 4th quarter. World Investment Advisors now owns 14,118 shares of the company’s stock worth $664,000 after purchasing an additional 4,352 shares in the last quarter. Beta Wealth Group Inc. increased its holdings in First Trust Managed Futures Strategy Fund by 5.6% during the 4th quarter. Beta Wealth Group Inc. now owns 32,107 shares of the company’s stock worth $1,511,000 after purchasing an additional 1,717 shares in the last quarter. Omnitrust Wealth Management Inc bought a new stake in First Trust Managed Futures Strategy Fund during the 4th quarter worth approximately $206,000. Finally, IFP Advisors Inc raised its stake in shares of First Trust Managed Futures Strategy Fund by 10.2% in the fourth quarter. IFP Advisors Inc now owns 51,529 shares of the company’s stock worth $2,424,000 after purchasing an additional 4,767 shares during the last quarter.

First Trust Managed Futures Strategy Fund Price Performance

Shares of First Trust Managed Futures Strategy Fund stock opened at $50.38 on Friday. First Trust Managed Futures Strategy Fund has a 52 week low of $46.42 and a 52 week high of $52.44. The stock has a 50 day moving average price of $50.24 and a two-hundred day moving average price of $50.65.

About First Trust Managed Futures Strategy Fund

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. FMF was launched on Aug 1, 2013 and is managed by First Trust.