First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Short Interest Update

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 11,600 shares, an increase of 34.9% from the February 13th total of 8,600 shares. Based on an average daily volume of 67,300 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On First Trust Indxx Global Natural Resources Income ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of First Trust Indxx Global Natural Resources Income ETF in the fourth quarter valued at approximately $1,412,000. Susquehanna International Group LLP raised its holdings in First Trust Indxx Global Natural Resources Income ETF by 89.9% during the fourth quarter. Susquehanna International Group LLP now owns 144,253 shares of the company’s stock worth $1,735,000 after acquiring an additional 68,294 shares in the last quarter. CreativeOne Wealth LLC acquired a new position in First Trust Indxx Global Natural Resources Income ETF during the third quarter valued at approximately $621,000. Modern Wealth Management LLC bought a new position in First Trust Indxx Global Natural Resources Income ETF in the fourth quarter valued at approximately $565,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of First Trust Indxx Global Natural Resources Income ETF during the 3rd quarter worth approximately $451,000.

First Trust Indxx Global Natural Resources Income ETF Price Performance

Shares of FTRI traded up $0.23 during midday trading on Friday, hitting $12.93. The stock had a trading volume of 28,237 shares, compared to its average volume of 52,035. The firm has a market cap of $107.32 million, a price-to-earnings ratio of 12.80 and a beta of 0.94. The company has a 50 day simple moving average of $12.59 and a two-hundred day simple moving average of $12.87. First Trust Indxx Global Natural Resources Income ETF has a twelve month low of $11.79 and a twelve month high of $14.12.

About First Trust Indxx Global Natural Resources Income ETF

First Trust ISE Global Copper Index Fund is an exchange traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the ISE Global Copper Index. The ISE Global Copper Index is designed to provide the investors interested in tracking public companies, which are active in the copper mining industry based on analysis of revenue derived from the sale of copper.