First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) Short Interest Down 52.4% in January

First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) was the target of a significant decline in short interest in January. As of January 30th, there was short interest totaling 1,397 shares, a decline of 52.4% from the January 15th total of 2,934 shares. Based on an average trading volume of 28,736 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 28,736 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On First Trust Dow Jones International Internet ETF

Several hedge funds have recently modified their holdings of FDNI. Assetmark Inc. bought a new stake in First Trust Dow Jones International Internet ETF in the 2nd quarter valued at $526,000. NewEdge Advisors LLC increased its holdings in shares of First Trust Dow Jones International Internet ETF by 3.6% in the second quarter. NewEdge Advisors LLC now owns 261,410 shares of the company’s stock worth $8,797,000 after purchasing an additional 8,995 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of First Trust Dow Jones International Internet ETF by 5.1% in the third quarter. Raymond James Financial Inc. now owns 131,362 shares of the company’s stock worth $5,090,000 after buying an additional 6,415 shares in the last quarter. Jane Street Group LLC bought a new position in First Trust Dow Jones International Internet ETF during the second quarter valued at approximately $815,000. Finally, Warner Group LLC grew its holdings in First Trust Dow Jones International Internet ETF by 12.8% during the 4th quarter. Warner Group LLC now owns 113,847 shares of the company’s stock valued at $3,861,000 after buying an additional 12,906 shares in the last quarter.

First Trust Dow Jones International Internet ETF Price Performance

Shares of NASDAQ:FDNI traded down $1.34 during trading on Thursday, hitting $29.91. 13,794 shares of the company’s stock were exchanged, compared to its average volume of 17,171. The business’s 50-day simple moving average is $33.93 and its 200 day simple moving average is $35.55. The company has a market cap of $49.34 million, a price-to-earnings ratio of 21.90 and a beta of 0.84. First Trust Dow Jones International Internet ETF has a 52-week low of $25.82 and a 52-week high of $39.97.

First Trust Dow Jones International Internet ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were issued a dividend of $0.3784 per share. This represents a $1.51 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend was Friday, December 12th.

First Trust Dow Jones International Internet ETF Company Profile

The First Trust Dow Jones International Internet ETF (FDNI) is an exchange-traded fund that is based on the Dow Jones International Internet index, a market-cap-weighted index that holds a concentrated portfolio of the largest internet services and commerce companies outside of the US. FDNI was launched on Nov 5, 2018 and is managed by First Trust.