Short Interest in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Decreases By 80.5%

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) saw a large decrease in short interest in August. As of August 31st, there was short interest totalling 1,700 shares, a decrease of 80.5% from the August 15th total of 8,700 shares. Based on an average daily volume of 85,200 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Global Assets Advisory LLC grew its position in First Trust Indxx Global Natural Resources Income ETF by 737.4% during the 1st quarter. Global Assets Advisory LLC now owns 339,150 shares of the company’s stock worth $4,501,000 after acquiring an additional 298,650 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 106.1% in the first quarter. Cetera Investment Advisers now owns 264,087 shares of the company’s stock worth $3,506,000 after purchasing an additional 135,961 shares during the last quarter. Cetera Advisors LLC increased its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 42.7% in the first quarter. Cetera Advisors LLC now owns 219,796 shares of the company’s stock worth $2,918,000 after buying an additional 65,725 shares during the period. Commonwealth Equity Services LLC raised its holdings in First Trust Indxx Global Natural Resources Income ETF by 3.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,532,421 shares of the company’s stock valued at $20,343,000 after buying an additional 56,435 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in First Trust Indxx Global Natural Resources Income ETF by 14.0% during the 1st quarter. Jane Street Group LLC now owns 393,753 shares of the company’s stock valued at $5,227,000 after buying an additional 48,251 shares during the period.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

Shares of FTRI stock traded up $0.21 on Thursday, hitting $12.93. 33,693 shares of the company’s stock traded hands, compared to its average volume of 88,173. The stock has a market capitalization of $161.67 million, a price-to-earnings ratio of 6.13 and a beta of 0.94. The company’s fifty day simple moving average is $13.18 and its 200 day simple moving average is $13.24. First Trust Indxx Global Natural Resources Income ETF has a one year low of $11.94 and a one year high of $14.12.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a dividend of $0.1896 per share. This is a boost from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.06. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.86%. The ex-dividend date of this dividend was Thursday, June 27th.

First Trust Indxx Global Natural Resources Income ETF Company Profile

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.