First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Short Interest Down 39.6% in August

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 86,375 shares, a drop of 39.6% from the July 30th total of 143,040 shares. Based on an average daily volume of 98,656 shares, the short-interest ratio is presently 0.9 days.

First Trust High Yield Opportunities 2027 Term Fund Trading Up 0.2%

Shares of First Trust High Yield Opportunities 2027 Term Fund stock traded up $0.03 during midday trading on Monday, hitting $13.40. 2,483 shares of the company traded hands, compared to its average volume of 96,867. The firm’s fifty day moving average price is $13.54 and its 200-day moving average price is $13.58. First Trust High Yield Opportunities 2027 Term Fund has a 12 month low of $13.20 and a 12 month high of $14.84.

First Trust High Yield Opportunities 2027 Term Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.125 per share. This represents a c) dividend on an annualized basis and a dividend yield of 11.2%. The ex-dividend date of this dividend is Tuesday, September 1st.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers lifted its stake in shares of First Trust High Yield Opportunities 2027 Term Fund by 23.4% in the 2nd quarter. Cetera Investment Advisers now owns 20,440 shares of the company’s stock valued at $304,000 after acquiring an additional 3,880 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in 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 during the last quarter. Raymond James Financial Inc. increased its holdings in First Trust High Yield Opportunities 2027 Term Fund by 2.9% in the 2nd quarter. Raymond James Financial Inc. now owns 44,044 shares of the company’s stock worth $654,000 after purchasing an additional 1,225 shares in the last quarter. UBS Group AG increased its holdings in First Trust High Yield Opportunities 2027 Term Fund by 1.8% in the 3rd quarter. UBS Group AG now owns 75,691 shares of the company’s stock worth $1,097,000 after purchasing an additional 1,373 shares in the last quarter. Finally, Citadel Advisors LLC bought a new position in First Trust High Yield Opportunities 2027 Term Fund in the third quarter valued at about $240,000.

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.