First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) Sees Significant Increase in Short Interest

First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 45,339 shares, a growth of 136.2% from the February 12th total of 19,194 shares. Based on an average trading volume of 12,552 shares, the short-interest ratio is currently 3.6 days. Approximately 1.4% of the company’s stock are sold short. Approximately 1.4% of the company’s stock are sold short. Based on an average trading volume of 12,552 shares, the short-interest ratio is currently 3.6 days.

First Trust Active Global Quality Income ETF Trading Down 0.6%

Shares of NYSEARCA:AGQI opened at $17.04 on Friday. First Trust Active Global Quality Income ETF has a 52 week low of $12.44 and a 52 week high of $18.36. The company’s 50 day moving average is $17.54 and its two-hundred day moving average is $16.64. The company has a market cap of $56.74 million, a PE ratio of 18.15 and a beta of 0.91.

Hedge Funds Weigh In On First Trust Active Global Quality Income ETF

Several large investors have recently bought and sold shares of AGQI. Jane Street Group LLC acquired a new stake in shares of First Trust Active Global Quality Income ETF during the 1st quarter worth about $380,000. Centric Wealth Management boosted its holdings in First Trust Active Global Quality Income ETF by 5.7% in the second quarter. Centric Wealth Management now owns 36,923 shares of the company’s stock valued at $577,000 after purchasing an additional 1,988 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in First Trust Active Global Quality Income ETF in the second quarter valued at approximately $324,000. Osaic Holdings Inc. increased its stake in First Trust Active Global Quality Income ETF by 2.2% in the second quarter. Osaic Holdings Inc. now owns 36,966 shares of the company’s stock valued at $569,000 after purchasing an additional 781 shares during the last quarter. Finally, Prospera Financial Services Inc acquired a new stake in First Trust Active Global Quality Income ETF during the third quarter worth approximately $783,000.

About First Trust Active Global Quality Income ETF

The First Trust Active Global Quality Income ETF -VIII- (AGQI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of globally listed dividend-paying equities selected using fundamental analysis. The fund seeks to provide income with the potential for long-term capital appreciation AGQI was launched on Sep 24, 2015 and is issued by First Trust.