Short Interest in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Decreases By 63.8%

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 31,266 shares, a decline of 63.8% from the January 15th total of 86,335 shares. Based on an average daily volume of 212,264 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 212,264 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On First Trust Dorsey Wright Focus 5 ETF

Several institutional investors have recently made changes to their positions in the stock. Elevated Capital Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $30,000. EPG Wealth Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth $32,000. Asset Dedication LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the third quarter worth $43,000. Evolution Wealth Management Inc. bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the second quarter valued at $44,000. Finally, Burkett Financial Services LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at $51,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

First Trust Dorsey Wright Focus 5 ETF stock opened at $65.79 on Wednesday. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $47.04 and a 1 year high of $68.16. The firm’s 50-day moving average is $64.89 and its 200-day moving average is $62.61. The company has a market cap of $3.64 billion, a P/E ratio of 19.48 and a beta of 1.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were issued a $0.1355 dividend. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. This represents a $0.54 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, December 12th.

About First Trust Dorsey Wright Focus 5 ETF

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.