First Trust MLP and Energy Income Fund (NYSE:FEI) Short Interest Up 192.9% in April

First Trust MLP and Energy Income Fund (NYSE:FEI) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 24,600 shares, an increase of 192.9% from the March 31st total of 8,400 shares. Based on an average trading volume of 128,900 shares, the days-to-cover ratio is presently 0.2 days.

First Trust MLP and Energy Income Fund Stock Up 0.2 %

NYSE FEI opened at $9.81 on Friday. First Trust MLP and Energy Income Fund has a 1-year low of $7.29 and a 1-year high of $9.84. The stock has a 50-day moving average of $9.32 and a two-hundred day moving average of $8.77.

Hedge Funds Weigh In On First Trust MLP and Energy Income Fund

A number of institutional investors and hedge funds have recently made changes to their positions in FEI. NBC Securities Inc. acquired a new position in shares of First Trust MLP and Energy Income Fund in the third quarter valued at approximately $49,000. Future Financial Wealth Managment LLC acquired a new position in First Trust MLP and Energy Income Fund during the first quarter worth $53,000. Blue Bell Private Wealth Management LLC acquired a new position in First Trust MLP and Energy Income Fund during the fourth quarter worth $105,000. Sigma Planning Corp acquired a new stake in First Trust MLP and Energy Income Fund in the fourth quarter valued at $107,000. Finally, Register Financial Advisors LLC acquired a new stake in First Trust MLP and Energy Income Fund in the fourth quarter valued at $137,000.

First Trust MLP and Energy Income Fund Company Profile

First Trust MLP and Energy Income Fund is a closed-ended balanced mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Energy Income Partners LLC. It invests in the public equity and fixed income markets of the United States. The fund seeks to invest in securities of companies operating in the energy and energy utilities sectors.