First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Short Interest Update

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 2,688 shares, a decline of 90.2% from the May 31st total of 27,551 shares. Based on an average trading volume of 46,682 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On First Trust Dorsey Wright International Focus 5 ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC raised its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 50.3% during the 1st quarter. NewEdge Advisors LLC now owns 782,569 shares of the company’s stock valued at $19,776,000 after buying an additional 261,757 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 9.4% in the 1st quarter. Bank of America Corp DE now owns 314,659 shares of the company’s stock valued at $7,951,000 after buying an additional 26,919 shares during the period. Royal Bank of Canada lifted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 126.9% in the 1st quarter. Royal Bank of Canada now owns 28,681 shares of the company’s stock valued at $725,000 after buying an additional 16,040 shares during the period. Cetera Investment Advisers boosted its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 19.5% in the first quarter. Cetera Investment Advisers now owns 71,721 shares of the company’s stock worth $1,812,000 after buying an additional 11,706 shares during the last quarter. Finally, D.A. Davidson & CO. purchased a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF in the first quarter worth about $202,000.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

IFV stock opened at $26.50 on Friday. The company has a market capitalization of $237.18 million, a P/E ratio of 13.24 and a beta of 0.74. First Trust Dorsey Wright International Focus 5 ETF has a 12 month low of $22.58 and a 12 month high of $28.70. The firm’s fifty day simple moving average is $27.60 and its 200-day simple moving average is $26.52.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be given a dividend of $0.2505 per share. This is a boost from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Thursday, June 25th.

About First Trust Dorsey Wright International Focus 5 ETF

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.