First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Short Interest Up 125.5% in May

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 27,551 shares, an increase of 125.5% from the May 14th total of 12,217 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 63,655 shares, the short-interest ratio is presently 0.4 days.

First Trust Dorsey Wright International Focus 5 ETF Trading Up 0.7%

Shares of NASDAQ:IFV opened at $27.70 on Friday. The stock has a market capitalization of $247.92 million, a P/E ratio of 13.24 and a beta of 0.74. First Trust Dorsey Wright International Focus 5 ETF has a 1-year low of $21.98 and a 1-year high of $28.52. The business has a 50-day moving average price of $27.39 and a two-hundred day moving average price of $26.29.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The firm also recently declared 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 was Thursday, March 26th. This represents a $0.03 annualized dividend and a dividend yield of 0.1%.

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

A number of institutional investors and hedge funds have recently modified their holdings of the business. Advisory Services Network LLC acquired a new position in First Trust Dorsey Wright International Focus 5 ETF in the third quarter valued at approximately $30,000. Founders Financial Alliance LLC grew its holdings 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 bought a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF during the 1st quarter valued at $73,000. Aptus Capital Advisors LLC raised its position 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 valued at $101,000 after acquiring an additional 3,992 shares during the last quarter. Finally, PNC Financial Services Group Inc. acquired a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the 3rd quarter valued at $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.