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NYSE:FMY

First Trust Mortgage Income Fund Short Interest Ratio and Short Volume

$13.50
-0.04 (-0.30 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$13.50
Now: $13.50
$13.51
50-Day Range
$13.30
MA: $13.58
$13.85
52-Week Range
$12.17
Now: $13.50
$14.78
Volume1,306 shs
Average Volume9,590 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.06%
BetaN/A

Short Interest

First Trust Mortgage Income Fund (NYSE:FMY) Short Interest Data

Current Short Volume:5,000 shares
Previous Short Volume:100 shares
Change Vs. Previous Month:+4,900.00%
Dollar Volume Sold Short:$68,800.00
Short Interest Ratio / Days to Cover:1.0
Last Record Date:October, 30 2020
Short Percent of Float:0.00%
Today's Trading Volume:1,306 shares
Average Trading Volume:9,590 shares
Today's Volume Vs. Average:-86.38%



First Trust Mortgage Income Fund (NYSE:FMY) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
10/30/20205,000 $68,800.00 4,900.0%0.0%0.9$13.76
10/15/2020100 $1,346.00 -92.3%0.0%0$13.46
9/30/20201,300 $17,602.00 550.0%0.0%0.3$13.54
9/15/20201,100 $14,993.00 450.0%0.0%0.3$13.63
8/31/2020200 $2,712.00 -80.0%0.0%0.1$13.56
8/14/20201,000 $13,450.00 400.0%0.0%0.2$13.45
7/31/2020200 $2,744.00 100.0%0.0%0$13.72
7/15/2020100 $1,378.00 -87.5%0.0%0$13.78
6/30/2020800 $10,880.00 -52.9%0.0%0.1$13.60
6/15/20201,700 $23,375.00 -62.2%0.0%0.1$13.75
5/29/20204,500 $61,290.00 73.1%0.0%0.2$13.62
5/15/20202,600 $35,750.00 -3.7%0.0%0.1$13.75
4/30/20202,700 $37,098.00 440.0%0.0%0.1$13.74
4/15/2020500 $6,700.00 -90.4%0.0%0$13.40
3/31/20205,200 $67,392.00 36.8%0.0%0.3$12.96
3/13/20203,800 $50,274.00 0.0%0.0%0.3$13.23
2/28/2020100 $1,355.00 -95.0%0.0%0$13.55
2/14/20202,000 $27,920.00 -53.5%0.0%0.3$13.96
1/31/20204,300 $60,716.00 -10.4%0.0%0.7$14.12
1/15/20204,800 $67,344.00 14.3%0.0%0.9$14.03
12/31/20194,200 $59,598.00 -48.8%0.0%0.8$14.19

First Trust Mortgage Income Fund (NYSE:FMY) Short Interest FAQ

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What is First Trust Mortgage Income Fund's current short interest?

Short interest is the volume of First Trust Mortgage Income Fund shares that have been sold short but have not yet been covered or closed out. As of October 30th, traders have sold 5,000 shares of FMY short. 0.00% of First Trust Mortgage Income Fund's shares are currently sold short. View details.

What is a good short interest ratio for First Trust Mortgage Income Fund?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. First Trust Mortgage Income Fund currently has a short interest ratio of 1.0.

Is First Trust Mortgage Income Fund's short interest increasing or decreasing?

First Trust Mortgage Income Fund saw a increase in short interest during the month of October. As of October 30th, there was short interest totaling 5,000 shares, an increase of 4,900.0% from the previous total of 100 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.

How does First Trust Mortgage Income Fund's short interest compare to its competitors?

0.00% of First Trust Mortgage Income Fund's shares are currently sold short. Here is how the short interest of companies in the industry of "investment trusts/mutual funds" compare to First Trust Mortgage Income Fund: Aberdeen Global Dynamic Dividend Fund (0.00%), Aberdeen Income Credit Strategies Fund (0.00%), Aberdeen International Inc. (0.00%), Aberdeen Total Dynamic Dividend Fund (0.00%), AllianceBernstein National Municipal Income Fund (0.00%), AllianzGI Convertible & Income 2024 Target Term Fund (0.00%), AllianzGI Convertible & Income Fund (0.00%), AllianzGI Convertible & Income Fund II (0.00%), AllianzGI Dividend, Interest & Premium Strategy Fund (0.00%), and Apollo Tactical Income Fund Inc. (0.00%).

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. ($4.66 billion), Aon Plc ($3.83 billion), Analog Devices, Inc. ($3.33 billion), ViacomCBS Inc. ($3.13 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.85 billion), Uber Technologies, Inc. ($2.80 billion), Moderna, Inc. ($2.26 billion), Simon Property Group, Inc. ($2.02 billion), and International Flavors & Fragrances Inc. ($1.96 billion). View all of the most shorted stocks.

What does it mean to sell short First Trust Mortgage Income Fund stock?

Short selling FMY is an investing strategy that aims to generate trading profit from First Trust Mortgage Income Fund as its price is falling. First Trust Mortgage Income Fund's stock is trading down $0.04 today. To short First Trust Mortgage Income Fund 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 Mortgage Income Fund 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 Mortgage Income Fund?

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

How often is First Trust Mortgage Income Fund'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 FMY, twice per month. The most recent reporting period available is October, 30 2020.


This page was last updated on 11/29/2020 by MarketBeat.com Staff

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