Short Interest in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Increases By 620.0%

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 3,600 shares, an increase of 620.0% from the June 30th total of 500 shares. Based on an average daily volume of 18,500 shares, the days-to-cover ratio is presently 0.2 days.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

IFV traded down $0.08 during midday trading on Thursday, hitting $19.76. The company had a trading volume of 13,517 shares, compared to its average volume of 24,231. First Trust Dorsey Wright International Focus 5 ETF has a twelve month low of $16.99 and a twelve month high of $20.48. The company has a market capitalization of $187.72 million, a PE ratio of 8.65 and a beta of 0.95. The firm’s 50-day simple moving average is $19.93 and its 200-day simple moving average is $19.68.

First Trust Dorsey Wright International Focus 5 ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a dividend of $0.1495 per share. The ex-dividend date was Thursday, June 27th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.03%.

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

Several large investors have recently made changes to their positions in IFV. Raymond James Financial Services Advisors Inc. raised its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 3.0% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 1,147,707 shares of the company’s stock valued at $22,954,000 after acquiring an additional 33,494 shares during the last quarter. Genesee Capital Advisors LLC increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 0.6% in the second quarter. Genesee Capital Advisors LLC now owns 147,722 shares of the company’s stock valued at $2,906,000 after purchasing an additional 864 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in First Trust Dorsey Wright International Focus 5 ETF by 33.0% in the first quarter. Commonwealth Equity Services LLC now owns 100,877 shares of the company’s stock valued at $2,018,000 after buying an additional 25,041 shares during the period. Arkadios Wealth Advisors boosted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 1.2% during the fourth quarter. Arkadios Wealth Advisors now owns 53,862 shares of the company’s stock worth $1,052,000 after buying an additional 628 shares during the last quarter. Finally, Trueblood Wealth Management LLC acquired a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the 4th quarter worth about $862,000.

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.