Short Interest in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Declines By 90.6%

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a significant decline in short interest in November. As of November 30th, there was short interest totalling 900 shares, a decline of 90.6% from the November 15th total of 9,600 shares. Based on an average daily volume of 20,700 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Concurrent Investment Advisors LLC lifted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 2.1% in the third quarter. Concurrent Investment Advisors LLC now owns 697,452 shares of the company’s stock valued at $14,676,000 after purchasing an additional 14,374 shares in the last quarter. Genesee Capital Advisors LLC lifted its stake in First Trust Dorsey Wright International Focus 5 ETF by 0.6% during the 2nd quarter. Genesee Capital Advisors LLC now owns 147,722 shares of the company’s stock valued at $2,906,000 after acquiring an additional 864 shares in the last quarter. Jane Street Group LLC boosted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 760.1% during the 3rd quarter. Jane Street Group LLC now owns 131,101 shares of the company’s stock worth $2,759,000 after acquiring an additional 115,859 shares during the last quarter. Trueblood Wealth Management LLC boosted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 6.2% during the 2nd quarter. Trueblood Wealth Management LLC now owns 46,787 shares of the company’s stock worth $920,000 after acquiring an additional 2,749 shares during the last quarter. Finally, MML Investors Services LLC grew its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 34.5% in the 3rd quarter. MML Investors Services LLC now owns 45,640 shares of the company’s stock worth $960,000 after acquiring an additional 11,697 shares in the last quarter.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

Shares of NASDAQ IFV traded down $0.16 during trading on Thursday, hitting $19.90. 8,907 shares of the company traded hands, compared to its average volume of 22,832. The business’s fifty day moving average is $20.04 and its 200 day moving average is $20.09. The firm has a market capitalization of $182.09 million, a price-to-earnings ratio of 8.65 and a beta of 0.95. First Trust Dorsey Wright International Focus 5 ETF has a fifty-two week low of $18.48 and a fifty-two week high of $21.38.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.0337 dividend. This represents a $0.13 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend was Thursday, September 26th.

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.