Short Interest in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Grows By 170.3%

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 86,335 shares, an increase of 170.3% from the December 31st total of 31,936 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 175,093 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 175,093 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are short sold.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Benjamin Edwards Inc. raised its stake in First Trust Dorsey Wright Focus 5 ETF by 0.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 18,831 shares of the company’s stock valued at $1,116,000 after buying an additional 177 shares during the last quarter. Stablepoint Partners LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.4% in the second quarter. Stablepoint Partners LLC now owns 53,642 shares of the company’s stock worth $3,179,000 after acquiring an additional 197 shares during the period. Private Trust Co. NA increased its position in First Trust Dorsey Wright Focus 5 ETF by 13.2% during the second quarter. Private Trust Co. NA now owns 1,926 shares of the company’s stock valued at $114,000 after acquiring an additional 225 shares during the last quarter. Waterfront Wealth Inc. lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.8% in the third quarter. Waterfront Wealth Inc. now owns 31,662 shares of the company’s stock valued at $1,957,000 after acquiring an additional 238 shares during the period. Finally, Lunt Capital Management Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 0.6% in the second quarter. Lunt Capital Management Inc. now owns 40,490 shares of the company’s stock worth $2,399,000 after purchasing an additional 242 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

NASDAQ FV opened at $66.49 on Friday. First Trust Dorsey Wright Focus 5 ETF has a one year low of $47.04 and a one year high of $68.16. The stock has a 50-day moving average of $64.29 and a 200 day moving average of $62.31. The company has a market capitalization of $3.70 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a dividend of $0.1355 per share. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. This represents a $0.54 annualized dividend and a dividend yield of 0.8%.

First Trust Dorsey Wright Focus 5 ETF Company Profile

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.