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NASDAQ:MCEF

First Trust Municipal CEF Income Opportunity ETF Short Interest Ratio and Short Volume

$19.74
+0.05 (+0.25 %)
(As of 11/25/2020 12:00 AM ET)
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Today's Range
$19.72
Now: $19.74
$19.74
50-Day Range
$18.89
MA: $19.25
$19.69
52-Week Range
$14.18
Now: $19.74
$20.37
Volume1,041 shs
Average Volume5,997 shs
Market Capitalization$8.88 million
P/E RatioN/A
Dividend Yield3.22%
BetaN/A

Short Interest

First Trust Municipal CEF Income Opportunity ETF (NASDAQ:MCEF) Short Interest Data

Current Short Volume:800 shares
Previous Short Volume:1,000 shares
Change Vs. Previous Month:-20.00%
Dollar Volume Sold Short:$15,112.00
Short Interest Ratio / Days to Cover:0.0
Last Record Date:October, 15 2020
Outstanding Shares:450,000 shares
Short Percent of Float:0.00%
Today's Trading Volume:1,041 shares
Average Trading Volume:5,997 shares
Today's Volume Vs. Average:-82.64%



First Trust Municipal CEF Income Opportunity ETF (NASDAQ:MCEF) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
10/15/2020800 $15,112.00 -20.0%0.0%0$18.89
9/30/20201,000 $19,230.00 0.0%0.0%0.6$19.23
9/15/20201,000 $19,040.00 0.0%0.0%0.7$19.04
8/31/20201,000 $19,140.00 11.1%0.0%0.8$19.14
8/14/2020900 $17,325.00 12.5%0.0%0.6$19.25
7/31/2020800 $15,640.00 -80.0%0.0%0.4$19.55
7/15/20204,000 $77,560.00 21.2%0.0%1.9$19.39
6/30/20203,300 $63,393.00 -2.9%0.0%1.5$19.21
6/15/20203,400 $63,410.00 3.0%0.0%0.8$18.65
5/29/20203,300 $61,314.00 13.8%0.0%0.5$18.58
5/15/20202,900 $52,867.00 -47.3%0.0%0.4$18.23
4/30/20205,500 $98,725.00 -17.9%0.0%0.6$17.95
4/15/20206,700 $118,858.00 -65.6%0.0%0.6$17.74
3/31/202019,500 $337,935.00 -44.8%0.0%1.5$17.33
3/13/202035,300 $642,107.00 110.1%0.0%3.1$18.19
2/28/202016,800 $253,848.00 42.4%0.0%1.8$15.11
2/14/202011,800 $230,808.00 35.6%0.0%1.5$19.56
1/31/20208,700 $176,088.00 171.9%0.0%1.2$20.24
1/15/20203,200 $64,192.00 -54.3%0.0%0.6$20.06
12/31/20197,000 $138,950.00 52.2%0.0%1.4$19.85

First Trust Municipal CEF Income Opportunity ETF (NASDAQ:MCEF) Short Interest FAQ

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What is First Trust Municipal CEF Income Opportunity ETF's current short interest?

Short interest is the volume of First Trust Municipal CEF Income Opportunity ETF shares that have been sold short but have not yet been closed out or covered. As of October 15th, investors have sold 800 shares of MCEF short. 0.00% of First Trust Municipal CEF Income Opportunity ETF's shares are currently sold short. View details.

Is First Trust Municipal CEF Income Opportunity ETF's short interest increasing or decreasing?

First Trust Municipal CEF Income Opportunity ETF saw a drop in short interest during the month of October. As of October 15th, there was short interest totaling 800 shares, a drop of 20.0% from the previous total of 1,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.68 billion), Aon Plc ($3.70 billion), The Clorox Company ($2.93 billion), ViacomCBS Inc. ($2.88 billion), Analog Devices, Inc. ($2.75 billion), Snap Inc. ($2.72 billion), The Kroger Co. ($2.21 billion), Uber Technologies, Inc. ($1.94 billion), Moderna, Inc. ($1.93 billion), and Datadog, Inc. ($1.83 billion). View all of the most shorted stocks.

What does it mean to sell short First Trust Municipal CEF Income Opportunity ETF stock?

Short selling MCEF is an investing strategy that aims to generate trading profit from First Trust Municipal CEF Income Opportunity ETF as its price is falling. First Trust Municipal CEF Income Opportunity ETF's stock is trading up $0.05 today. To short First Trust Municipal CEF Income Opportunity ETF stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that First Trust Municipal CEF Income Opportunity ETF will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against First Trust Municipal CEF Income Opportunity ETF?

A short squeeze for First Trust Municipal CEF Income Opportunity ETF occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of MCEF, which in turn drives the price of the stock up even further.

How often is First Trust Municipal CEF Income Opportunity ETF's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including MCEF, twice per month. The most recent reporting period available is October, 15 2020.


This page was last updated on 11/26/2020 by MarketBeat.com Staff

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