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

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 40,300 shares, a decrease of 49.6% from the November 30th total of 79,900 shares. Based on an average daily volume of 89,200 shares, the days-to-cover ratio is presently 0.5 days.

First Trust Dorsey Wright Focus 5 ETF Price Performance

FV opened at $60.65 on Friday. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $49.19 and a 12 month high of $62.82. The business has a 50-day moving average of $60.28 and a two-hundred day moving average of $57.94.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a dividend of $0.0386 per share. The ex-dividend date of this dividend is Friday, December 13th.

Hedge Funds Weigh In On First Trust Dorsey Wright Focus 5 ETF

Large investors have recently bought and sold shares of the stock. International Assets Investment Management LLC raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 7,073.1% in the 3rd quarter. International Assets Investment Management LLC now owns 489,346 shares of the company’s stock worth $28,514,000 after purchasing an additional 482,524 shares during the period. Proactive Wealth Strategies LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at approximately $16,958,000. Sanctuary Advisors LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the second quarter valued at approximately $4,073,000. ORG Partners LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF during the third quarter worth approximately $3,536,000. Finally, Raymond James & Associates increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.9% in the third quarter. Raymond James & Associates now owns 1,672,261 shares of the company’s stock worth $97,443,000 after acquiring an additional 47,375 shares in the last quarter.

About First Trust Dorsey Wright Focus 5 ETF

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.