First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Stock Short Interest Report for October

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 5,315 shares, a decrease of 60.3% from the September 30th total of 13,404 shares. Based on an average trading volume of 21,723 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

First Trust Dorsey Wright International Focus 5 ETF Trading Up 0.5%

NASDAQ IFV opened at $23.94 on Thursday. The stock has a market capitalization of $210.67 million, a price-to-earnings ratio of 13.24 and a beta of 0.76. The stock has a 50-day moving average of $25.17 and a 200 day moving average of $26.26. First Trust Dorsey Wright International Focus 5 ETF has a twelve month low of $23.19 and a twelve month high of $28.70.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a $0.0940 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.6%. This is a negative change from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.2505. The ex-dividend date was Thursday, September 24th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Concurrent Investment Advisors LLC bought a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF during the second quarter valued at approximately $32,723,000. NewEdge Advisors LLC raised its stake in First Trust Dorsey Wright International Focus 5 ETF by 50.3% in the 1st quarter. NewEdge Advisors LLC now owns 782,569 shares of the company’s stock valued at $19,776,000 after acquiring an additional 261,757 shares during the period. Genesee Capital Advisors LLC bought a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF in the third quarter valued at approximately $2,316,000. PFG Investments LLC boosted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 163.7% in the 1st quarter. PFG Investments LLC now owns 79,971 shares of the company’s stock valued at $2,021,000 after purchasing an additional 49,649 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 9.4% in the 1st quarter. Bank of America Corp DE now owns 314,659 shares of the company’s stock worth $7,951,000 after purchasing an additional 26,919 shares in the last quarter.

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.