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

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 40,450 shares, a growth of 198.7% from the July 15th total of 13,540 shares. Based on an average trading volume of 53,367 shares, the short-interest ratio is presently 0.8 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Compass Financial Management LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth approximately $208,000. Professional Financial Advisors LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter worth $226,000. First Heartland Consultants Inc. lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.6% during the second quarter. First Heartland Consultants Inc. now owns 44,211 shares of the company’s stock worth $3,355,000 after purchasing an additional 1,102 shares during the period. Dynamic Advisor Solutions LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 108.5% in the second quarter. Dynamic Advisor Solutions LLC now owns 11,587 shares of the company’s stock worth $879,000 after purchasing an additional 6,030 shares during the last quarter. Finally, IFS Group LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the first quarter valued at $526,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ FV traded down $0.33 during mid-day trading on Friday, hitting $73.49. 35,413 shares of the stock traded hands, compared to its average volume of 108,151. The company has a market cap of $3.82 billion, a PE ratio of 19.48 and a beta of 1.09. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $58.33 and a twelve month high of $76.08. The firm has a 50 day simple moving average of $72.01 and a two-hundred day simple moving average of $67.88.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.0761 per share. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%.

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.