First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Short Interest Up 470.7% in December

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 33,100 shares, a growth of 470.7% from the December 15th total of 5,800 shares. Based on an average daily volume of 6,100 shares, the short-interest ratio is presently 5.4 days.

NASDAQ:FTRI opened at $12.89 on Thursday. First Trust Indxx Global Natural Resources Income ETF has a one year low of $7.23 and a one year high of $13.00. The stock has a 50-day simple moving average of $12.01 and a 200 day simple moving average of $10.82.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 31st. Shareholders of record on Monday, December 28th were paid a $0.073 dividend. The ex-dividend date of this dividend was Thursday, December 24th. This represents a $0.29 dividend on an annualized basis and a yield of 2.27%.

An institutional investor recently bought a new position in First Trust Indxx Global Natural Resources Income ETF stock. Capital Asset Advisory Services LLC bought a new stake in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,687 shares of the company’s stock, valued at approximately $45,000. Capital Asset Advisory Services LLC owned 0.78% of First Trust Indxx Global Natural Resources Income ETF as of its most recent SEC filing.

First Trust Indxx Global Natural Resources Income ETF Company Profile

First Trust ISE Global Copper Index Fund is an exchange traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the ISE Global Copper Index. The ISE Global Copper Index is designed to provide the investors interested in tracking public companies, which are active in the copper mining industry based on analysis of revenue derived from the sale of copper.

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