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

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 40,450 shares, an increase of 198.7% from the July 15th total of 13,540 shares. Based on an average trading volume of 53,367 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.1% of the shares of the company are sold short.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of First Trust Dorsey Wright Focus 5 ETF stock traded up $0.63 during trading on Thursday, hitting $73.82. 63,656 shares of the stock were exchanged, compared to its average volume of 108,635. 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’s fifty day moving average is $72.02 and its 200 day moving average is $67.83. The stock has a market cap of $3.83 billion, a PE ratio of 19.48 and a beta of 1.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.0761 dividend. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05. The ex-dividend date was Thursday, June 25th. This represents a $0.30 annualized dividend and a yield of 0.4%.

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

Several large investors have recently made changes to their positions in FV. Compass Financial Management LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter worth approximately $208,000. Professional Financial Advisors LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at approximately $226,000. First Heartland Consultants Inc. increased its position in First Trust Dorsey Wright Focus 5 ETF by 2.6% in the 2nd quarter. First Heartland Consultants Inc. now owns 44,211 shares of the company’s stock valued at $3,355,000 after acquiring an additional 1,102 shares during the period. Dynamic Advisor Solutions LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 108.5% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 11,587 shares of the company’s stock valued at $879,000 after acquiring an additional 6,030 shares in the last quarter. Finally, IFS Group LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the 1st quarter worth $526,000.

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.