Short Interest in First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Expands By 112.6%

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 38,700 shares, a growth of 112.6% from the November 15th total of 18,200 shares. Based on an average daily volume of 89,400 shares, the short-interest ratio is presently 0.4 days.

First Trust High Yield Opportunities 2027 Term Fund Stock Down 0.3 %

NYSE:FTHY opened at $14.65 on Friday. First Trust High Yield Opportunities 2027 Term Fund has a fifty-two week low of $13.59 and a fifty-two week high of $15.13. The stock’s 50-day moving average is $14.74 and its two-hundred day moving average is $14.62.

First Trust High Yield Opportunities 2027 Term Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 26th. Investors of record on Monday, December 2nd will be given a dividend of $0.125 per share. This represents a $1.50 dividend on an annualized basis and a yield of 10.24%. The ex-dividend date is Monday, December 2nd.

Insider Transactions at First Trust High Yield Opportunities 2027 Term Fund

In other First Trust High Yield Opportunities 2027 Term Fund news, insider James A. Bowen bought 4,370 shares of the firm’s stock in a transaction dated Monday, September 30th. The stock was acquired at an average price of $15.20 per share, with a total value of $66,424.00. Following the completion of the transaction, the insider now directly owns 123,370 shares in the company, valued at approximately $1,875,224. This represents a 3.67 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in FTHY. Kennedy Investment Group increased its position in First Trust High Yield Opportunities 2027 Term Fund by 1.3% in the 2nd quarter. Kennedy Investment Group now owns 1,206,637 shares of the company’s stock worth $17,279,000 after purchasing an additional 15,750 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in First Trust High Yield Opportunities 2027 Term Fund by 6.1% in the second quarter. Commonwealth Equity Services LLC now owns 688,465 shares of the company’s stock worth $9,859,000 after buying an additional 39,287 shares during the last quarter. D.A. Davidson & CO. increased its holdings in First Trust High Yield Opportunities 2027 Term Fund by 4.3% in the second quarter. D.A. Davidson & CO. now owns 492,088 shares of the company’s stock worth $7,047,000 after buying an additional 20,336 shares during the last quarter. Stifel Financial Corp raised its position in First Trust High Yield Opportunities 2027 Term Fund by 190.2% during the third quarter. Stifel Financial Corp now owns 349,156 shares of the company’s stock valued at $5,279,000 after acquiring an additional 228,860 shares in the last quarter. Finally, Penserra Capital Management LLC acquired a new stake in First Trust High Yield Opportunities 2027 Term Fund in the third quarter valued at approximately $4,878,000.