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) was the target of a significant 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 daily volume of 128,900 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Anfield Capital Management LLC raised its stake in First Trust MLP and Energy Income Fund by 0.9% during the third quarter. Anfield Capital Management LLC now owns 327,603 shares of the company’s stock worth $2,591,000 after acquiring an additional 2,896 shares in the last quarter. Verity Asset Management Inc. boosted its holdings in First Trust MLP and Energy Income Fund by 12.4% in the fourth quarter. Verity Asset Management Inc. now owns 31,513 shares of the company’s stock valued at $270,000 after acquiring an additional 3,480 shares during the last quarter. Cambridge Advisors Inc. boosted its holdings in First Trust MLP and Energy Income Fund by 1.5% in the first quarter. Cambridge Advisors Inc. now owns 242,493 shares of the company’s stock valued at $2,345,000 after acquiring an additional 3,659 shares during the last quarter. Atria Wealth Solutions Inc. boosted its holdings in First Trust MLP and Energy Income Fund by 19.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 31,000 shares of the company’s stock valued at $266,000 after acquiring an additional 5,000 shares during the last quarter. Finally, Future Financial Wealth Managment LLC bought a new stake in First Trust MLP and Energy Income Fund in the first quarter valued at approximately $53,000.

First Trust MLP and Energy Income Fund Stock Up 0.2 %

FEI stock opened at $9.81 on Friday. The business has a 50-day simple moving average of $9.32 and a 200 day simple moving average of $8.77. First Trust MLP and Energy Income Fund has a 52 week low of $7.29 and a 52 week high of $9.84.

About First Trust MLP and Energy Income Fund

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.