First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Short Interest Up 170.3% in July

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 215,665 shares, an increase of 170.3% from the June 30th total of 79,795 shares. Based on an average daily volume of 217,865 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.2% of the shares of the company are sold short.

First Trust North American Energy Infrastructure Fund Trading Down 1.4%

First Trust North American Energy Infrastructure Fund stock traded down $0.62 on Monday, reaching $44.22. 152,007 shares of the stock were exchanged, compared to its average volume of 269,761. First Trust North American Energy Infrastructure Fund has a twelve month low of $37.16 and a twelve month high of $45.23. The stock has a market cap of $4.13 billion, a PE ratio of 17.59 and a beta of 0.56. The firm has a fifty day moving average price of $43.72 and a two-hundred day moving average price of $42.85.

Institutional Trading of First Trust North American Energy Infrastructure Fund

Several institutional investors have recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC bought a new stake in First Trust North American Energy Infrastructure Fund in the 4th quarter valued at $31,000. Darwin Wealth Management LLC bought a new position in shares of First Trust North American Energy Infrastructure Fund in the second quarter worth about $33,000. Bessemer Group Inc. bought a new position in First Trust North American Energy Infrastructure Fund in the 1st quarter valued at $41,000. Sound Income Strategies LLC increased its position in First Trust North American Energy Infrastructure Fund by 47,500.0% in the fourth quarter. Sound Income Strategies LLC now owns 952 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 950 shares during the period. Finally, Assetmark Inc. raised its stake in shares of First Trust North American Energy Infrastructure Fund by 71.7% during the fourth quarter. Assetmark Inc. now owns 972 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 406 shares during the last quarter.

First Trust North American Energy Infrastructure Fund Company Profile

The First Trust North American Energy Infrastructure Fund (EMLP) is an exchange-traded fund that is based on the Alerian MLP index. The fund is an actively managed fund that invests in North American energy infrastructure MLPs and LLCs. EMLP was launched on Jun 21, 2012 and is managed by First Trust.