First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Short Interest Update

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totalling 19,400 shares, an increase of 11.5% from the September 15th total of 17,400 shares. Based on an average trading volume of 17,100 shares, the short-interest ratio is currently 1.1 days.

First Trust Dorsey Wright International Focus 5 ETF Stock Down 0.1 %

Shares of NASDAQ:IFV opened at $20.46 on Thursday. First Trust Dorsey Wright International Focus 5 ETF has a twelve month low of $16.99 and a twelve month high of $21.38. The stock’s 50 day moving average is $20.46 and its 200-day moving average is $20.03. The firm has a market capitalization of $193.35 million, a price-to-earnings ratio of 8.65 and a beta of 0.95.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.0337 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.13 annualized dividend and a yield of 0.66%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Commonwealth Equity Services LLC lifted its position in First Trust Dorsey Wright International Focus 5 ETF by 33.0% in the 1st quarter. Commonwealth Equity Services LLC now owns 100,877 shares of the company’s stock valued at $2,018,000 after acquiring an additional 25,041 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the second quarter valued at approximately $294,000. &PARTNERS purchased a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the first quarter valued at approximately $278,000. Concurrent Investment Advisors LLC boosted its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 0.9% during the second quarter. Concurrent Investment Advisors LLC now owns 683,078 shares of the company’s stock valued at $13,436,000 after buying an additional 6,135 shares during the last quarter. Finally, SageView Advisory Group LLC purchased a new stake in First Trust Dorsey Wright International Focus 5 ETF in the 1st quarter valued at $99,000.

First Trust Dorsey Wright International Focus 5 ETF Company Profile

The First Trust Dorsey Wright International Focus 5 ETF (IFV) is an exchange-traded fund that mostly invests in total market equity. The fund is an ETF-of-ETFs that tracks a momentum-driven, country\u002Fregion rotation index of international equities. The index is equal-weighted. IFV was launched on Jul 22, 2014 and is managed by First Trust.