First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Sees Large Increase in Short Interest

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 39,461 shares, an increase of 48.8% from the January 29th total of 26,528 shares. Based on an average daily volume of 81,352 shares, the short-interest ratio is presently 0.5 days. Currently, 0.5% of the company’s shares are short sold. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 81,352 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of First Trust Dorsey Wright International Focus 5 ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wells Fargo & Company MN increased its position in First Trust Dorsey Wright International Focus 5 ETF by 51.1% during the 4th quarter. Wells Fargo & Company MN now owns 1,094,834 shares of the company’s stock valued at $27,185,000 after purchasing an additional 370,415 shares during the period. Raymond James Financial Inc. boosted its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 1.0% during the 3rd quarter. Raymond James Financial Inc. now owns 319,121 shares of the company’s stock valued at $7,812,000 after purchasing an additional 3,079 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 14.6% during the 3rd quarter. Bank of America Corp DE now owns 247,804 shares of the company’s stock valued at $6,066,000 after purchasing an additional 31,623 shares in the last quarter. UBS Group AG increased its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 27.7% during the fourth quarter. UBS Group AG now owns 166,595 shares of the company’s stock valued at $4,137,000 after buying an additional 36,171 shares during the period. Finally, NewEdge Advisors LLC raised its stake in First Trust Dorsey Wright International Focus 5 ETF by 19.4% in the second quarter. NewEdge Advisors LLC now owns 121,812 shares of the company’s stock worth $2,792,000 after buying an additional 19,824 shares in the last quarter.

First Trust Dorsey Wright International Focus 5 ETF Trading Down 0.1%

Shares of NASDAQ:IFV traded down $0.03 during trading on Friday, reaching $27.76. 17,623 shares of the company traded hands, compared to its average volume of 58,365. First Trust Dorsey Wright International Focus 5 ETF has a 52-week low of $16.88 and a 52-week high of $27.98. The firm has a market capitalization of $229.02 million, a price-to-earnings ratio of 13.24 and a beta of 0.75. The business’s fifty day moving average is $26.36 and its 200-day moving average is $24.98.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.1502 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.2%. This is a boost from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Friday, December 12th.

First Trust Dorsey Wright International Focus 5 ETF Company Profile

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.