First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Short Interest Update

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the recipient of a large decline in short interest in March. As of March 13th, there was short interest totaling 35,228 shares, a decline of 14.5% from the February 26th total of 41,199 shares. Based on an average daily trading volume, of 52,330 shares, the short-interest ratio is currently 0.7 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Trading of First Trust Dorsey Wright International Focus 5 ETF

A number of hedge funds have recently made changes to their positions in the stock. Advisory Services Network LLC bought a new stake in First Trust Dorsey Wright International Focus 5 ETF during the 3rd quarter valued at about $30,000. Founders Financial Alliance LLC lifted its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 62.4% in the 3rd quarter. Founders Financial Alliance LLC now owns 1,626 shares of the company’s stock worth $40,000 after purchasing an additional 625 shares during the period. Aptus Capital Advisors LLC boosted its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 4,435.6% during the 4th quarter. Aptus Capital Advisors LLC now owns 4,082 shares of the company’s stock worth $101,000 after acquiring an additional 3,992 shares during the last quarter. PNC Financial Services Group Inc. purchased a new position in First Trust Dorsey Wright International Focus 5 ETF during the third quarter valued at $147,000. Finally, Ameritas Advisory Services LLC grew its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 16.2% during the 3rd quarter. Ameritas Advisory Services LLC now owns 6,326 shares of the company’s stock valued at $155,000 after acquiring an additional 880 shares during the period.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

Shares of First Trust Dorsey Wright International Focus 5 ETF stock traded up $0.34 during trading on Wednesday, hitting $25.61. The company’s stock had a trading volume of 22,123 shares, compared to its average volume of 63,771. The company has a fifty day simple moving average of $26.42 and a two-hundred day simple moving average of $25.22. The company has a market capitalization of $211.28 million, a PE ratio of 13.24 and a beta of 0.75. First Trust Dorsey Wright International Focus 5 ETF has a 52 week low of $16.88 and a 52 week high of $27.98.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a dividend of $0.0087 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.1%.

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.