First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) Short Interest Down 60.0% in July

First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 7,467 shares, a decrease of 60.0% from the July 15th total of 18,678 shares. Based on an average trading volume of 5,007 shares, the short-interest ratio is presently 1.5 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in AGQI. Prospera Financial Services Inc raised its stake in First Trust Active Global Quality Income ETF by 15.3% in the 4th quarter. Prospera Financial Services Inc now owns 56,358 shares of the company’s stock valued at $930,000 after acquiring an additional 7,462 shares during the period. Susquehanna International Group LLP boosted its position in First Trust Active Global Quality Income ETF by 41.2% during the third quarter. Susquehanna International Group LLP now owns 44,872 shares of the company’s stock worth $718,000 after purchasing an additional 13,099 shares during the period. Osaic Holdings Inc. increased its stake in shares of 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 worth $569,000 after purchasing an additional 781 shares in the last quarter. UBS Group AG raised its position in shares of First Trust Active Global Quality Income ETF by 12.2% in the third quarter. UBS Group AG now owns 35,685 shares of the company’s stock valued at $571,000 after purchasing an additional 3,879 shares during the period. Finally, Global Retirement Partners LLC bought a new stake in shares of First Trust Active Global Quality Income ETF in the fourth quarter valued at approximately $547,000.

First Trust Active Global Quality Income ETF Trading Down 0.2%

NYSEARCA:AGQI opened at $18.80 on Friday. First Trust Active Global Quality Income ETF has a 12 month low of $15.54 and a 12 month high of $18.88. The firm’s 50 day moving average is $18.24 and its 200 day moving average is $17.84. The stock has a market capitalization of $56.02 million, a PE ratio of 18.15 and a beta of 0.75.

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.