First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Sees Large Decline in Short Interest

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVGet Free Report) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 25,135 shares, a decrease of 19.6% from the January 29th total of 31,266 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 117,083 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 117,083 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

First Trust Dorsey Wright Focus 5 ETF Trading Down 2.1%

FV traded down $1.39 during trading on Tuesday, hitting $64.20. The company’s stock had a trading volume of 109,946 shares, compared to its average volume of 163,323. The firm has a market capitalization of $3.56 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $47.04 and a twelve month high of $68.16. The business’s fifty day simple moving average is $65.64 and its 200 day simple moving average is $63.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $0.1355 dividend. This represents a $0.54 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Friday, December 12th. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Elevated Capital Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at about $30,000. EPG Wealth Management LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at about $32,000. Asset Dedication LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth about $43,000. Evolution Wealth Management Inc. acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth about $44,000. Finally, TD Capital Management LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $50,000.

About First Trust Dorsey Wright Focus 5 ETF

(Get Free Report)

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.

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