First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Sees Significant Increase in Short Interest

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the recipient of a significant increase in short interest during the month of 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 daily trading volume, of 17,100 shares, the short-interest ratio is currently 1.1 days.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

First Trust Dorsey Wright International Focus 5 ETF stock traded down $0.02 during midday trading on Wednesday, hitting $20.46. 15,039 shares of the company were exchanged, compared to its average volume of 22,111. First Trust Dorsey Wright International Focus 5 ETF has a fifty-two week low of $16.99 and a fifty-two week high of $21.38. The firm has a market capitalization of $193.35 million, a PE ratio of 8.65 and a beta of 0.95. The business has a fifty day simple moving average of $20.46 and a two-hundred day simple moving average of $20.03.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

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

Institutional Trading of First Trust Dorsey Wright International Focus 5 ETF

Several institutional investors have recently bought and sold shares of the business. Sanctuary Advisors LLC purchased a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the second quarter valued at approximately $294,000. Northwestern Mutual Wealth Management Co. lifted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 83.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,455 shares of the company’s stock valued at $29,000 after purchasing an additional 663 shares in the last quarter. Trueblood Wealth Management LLC boosted its stake in First Trust Dorsey Wright International Focus 5 ETF by 6.2% during the 2nd quarter. Trueblood Wealth Management LLC now owns 46,787 shares of the company’s stock worth $920,000 after purchasing an additional 2,749 shares during the last quarter. Concurrent Investment Advisors LLC grew its holdings 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 worth $13,436,000 after buying an additional 6,135 shares in the last quarter. Finally, Genesee Capital Advisors LLC raised its position in shares of 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 buying an additional 864 shares during the last quarter.

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.