First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Shares Shorted: Short Interest Up 143.2% in September

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 13,788 shares, a growth of 143.2% from the August 31st total of 5,670 shares. Based on an average trading volume of 44,153 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are short sold.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

Shares of IFV stock traded up $0.19 during mid-day trading on Friday, hitting $25.37. 7,806 shares of the stock were exchanged, compared to its average volume of 57,288. The stock’s fifty day simple moving average is $25.81 and its two-hundred day simple moving average is $26.44. First Trust Dorsey Wright International Focus 5 ETF has a 12-month low of $23.19 and a 12-month high of $28.70. The stock has a market capitalization of $221.95 million, a price-to-earnings ratio of 13.24 and a beta of 0.76.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 24th will be paid a dividend of $0.0940 per share. The ex-dividend date is Thursday, September 24th. This represents a $0.38 dividend on an annualized basis and a yield of 1.5%. This is a drop from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.2505.

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

Several large investors have recently modified their holdings of IFV. NewEdge Advisors LLC raised its position in First Trust Dorsey Wright International Focus 5 ETF by 50.3% in the 1st quarter. NewEdge Advisors LLC now owns 782,569 shares of the company’s stock valued at $19,776,000 after purchasing an additional 261,757 shares during the last quarter. PFG Investments LLC grew its position in First Trust Dorsey Wright International Focus 5 ETF by 163.7% during the 1st quarter. PFG Investments LLC now owns 79,971 shares of the company’s stock worth $2,021,000 after purchasing an additional 49,649 shares during the last quarter. Bank of America Corp DE grew its position in First Trust Dorsey Wright International Focus 5 ETF by 9.4% during the 1st quarter. Bank of America Corp DE now owns 314,659 shares of the company’s stock worth $7,951,000 after purchasing an additional 26,919 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new position in First Trust Dorsey Wright International Focus 5 ETF in the second quarter valued at $32,723,000. Finally, Kestra Advisory Services LLC increased its stake in First Trust Dorsey Wright International Focus 5 ETF by 23.3% in the first quarter. Kestra Advisory Services LLC now owns 23,235 shares of the company’s stock valued at $587,000 after purchasing an additional 4,387 shares during the period.

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.