Short Interest in First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) Declines By 67.3%

First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 14,950 shares, a decrease of 67.3% from the January 29th total of 45,690 shares. Based on an average trading volume of 121,526 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 121,526 shares, the short-interest ratio is presently 0.1 days.

First Trust Structured Credit Income Opportunities ETF Stock Up 0.0%

First Trust Structured Credit Income Opportunities ETF stock traded up $0.01 during trading on Thursday, hitting $20.92. The stock had a trading volume of 293,798 shares, compared to its average volume of 169,350. The stock’s 50 day moving average is $20.85 and its two-hundred day moving average is $20.83. First Trust Structured Credit Income Opportunities ETF has a 1 year low of $20.06 and a 1 year high of $22.51. The stock has a market cap of $177.82 million, a price-to-earnings ratio of -276.29 and a beta of 0.08.

First Trust Structured Credit Income Opportunities ETF Company Profile

The First Trust Structured Credit Income Opportunities ETF (SCIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to maximize long-term income by holding intermediate-term structured credit investments such as RMBS, CMBS, CLOs, and ABS. Securities are of any credit quality. SCIO was launched on Feb 27, 2024 and is issued by First Trust.