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 target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 2,688 shares, a decline of 90.2% from the May 31st total of 27,551 shares. Based on an average daily volume of 46,682 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

NASDAQ:IFV traded down $0.42 on Friday, hitting $26.50. The stock had a trading volume of 14,938 shares, compared to its average volume of 57,741. The stock has a market cap of $237.18 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 $22.58 and a 1 year high of $28.70. The firm’s fifty day simple moving average is $27.60 and its two-hundred day simple moving average is $26.52.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be issued a $0.2505 dividend. This is a boost from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Thursday, June 25th.

Institutional Trading of First Trust Dorsey Wright International Focus 5 ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Wells Fargo & Company MN boosted its position in First Trust Dorsey Wright International Focus 5 ETF by 51.1% in the fourth quarter. Wells Fargo & Company MN now owns 1,094,834 shares of the company’s stock worth $27,185,000 after purchasing an additional 370,415 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 50.3% during the 1st quarter. NewEdge Advisors LLC now owns 782,569 shares of the company’s stock valued at $19,776,000 after purchasing an additional 261,757 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 1.0% during the 3rd quarter. Raymond James Financial Inc. now owns 319,121 shares of the company’s stock valued at $7,812,000 after purchasing an additional 3,079 shares during the last quarter. Bank of America Corp DE raised its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 9.4% during 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 during the period. Finally, UBS Group AG raised its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 27.7% during the 4th quarter. UBS Group AG now owns 166,595 shares of the company’s stock worth $4,137,000 after purchasing an additional 36,171 shares during the period.

About First Trust Dorsey Wright International Focus 5 ETF

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.