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 growth in short interest in the month of April. As of April 30th, there was short interest totaling 68,870 shares, a growth of 568.1% from the April 15th total of 10,309 shares. Based on an average daily volume of 45,961 shares, the short-interest ratio is currently 1.5 days. Approximately 0.8% of the shares of the company are sold short.

First Trust Dorsey Wright International Focus 5 ETF Trading Down 1.4%

NASDAQ IFV traded down $0.39 during trading hours on Tuesday, hitting $28.02. 11,021 shares of the company’s stock traded hands, compared to its average volume of 59,259. The business’s fifty day moving average price is $26.37 and its two-hundred day moving average price is $25.72. The firm has a market capitalization of $250.78 million, a P/E ratio of 13.24 and a beta of 0.74. First Trust Dorsey Wright International Focus 5 ETF has a 52 week low of $21.35 and a 52 week high of $28.52.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given 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%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Advisory Services Network LLC purchased a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the 3rd quarter valued at about $30,000. Founders Financial Alliance LLC raised its stake in First Trust Dorsey Wright International Focus 5 ETF by 62.4% during the 3rd quarter. Founders Financial Alliance LLC now owns 1,626 shares of the company’s stock worth $40,000 after acquiring an additional 625 shares during the period. Fifth Third Bancorp purchased a new position in First Trust Dorsey Wright International Focus 5 ETF during the first quarter valued at approximately $73,000. Aptus Capital Advisors LLC lifted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 4,435.6% during the fourth quarter. Aptus Capital Advisors LLC now owns 4,082 shares of the company’s stock valued at $101,000 after purchasing an additional 3,992 shares in the last quarter. Finally, PNC Financial Services Group Inc. bought a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the third quarter worth approximately $147,000.

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.