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

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 55,273 shares, a decline of 33.6% from the August 15th total of 83,242 shares. Based on an average trading volume of 46,984 shares, the short-interest ratio is currently 1.2 days. Approximately 0.1% of the company’s stock are sold short.

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

Several large investors have recently bought and sold shares of the business. Washington Trust Advisors Inc. bought a new position in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at about $35,000. TD Capital Management LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth approximately $50,000. Bartlett & CO. Wealth Management LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the first quarter worth approximately $64,000. Bullseye Investment Management LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter valued at approximately $114,000. Finally, MCF Advisors LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter valued at approximately $154,000.

First Trust Dorsey Wright Focus 5 ETF Trading Up 1.6%

FV traded up $1.18 during trading on Thursday, hitting $72.76. 68,655 shares of the company’s stock traded hands, compared to its average volume of 103,921. The company’s 50 day simple moving average is $72.06 and its two-hundred day simple moving average is $69.09. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $58.33 and a 12-month high of $76.08. The stock has a market capitalization of $3.77 billion, a price-to-earnings ratio of 19.48 and a beta of 1.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.0761 per share. The ex-dividend date of this dividend was Thursday, June 25th. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%.

About First Trust Dorsey Wright Focus 5 ETF

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.