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

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 17,840 shares, a decrease of 36.0% from the July 15th total of 27,860 shares. Based on an average daily trading volume, of 46,007 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are sold short.

First Trust Dorsey Wright International Focus 5 ETF Stock Down 2.2%

NASDAQ IFV traded down $0.58 on Tuesday, reaching $25.91. The stock had a trading volume of 3,550 shares, compared to its average volume of 56,020. The stock has a fifty day moving average price of $26.28 and a two-hundred day moving average price of $26.68. First Trust Dorsey Wright International Focus 5 ETF has a 12-month low of $23.19 and a 12-month high of $28.70. The firm has a market capitalization of $233.19 million, a price-to-earnings ratio of 13.24 and a beta of 0.76.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.2505 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 3.9%. This is a boost from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 25th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in IFV. Advisory Services Network LLC acquired a new stake in First Trust Dorsey Wright International Focus 5 ETF during the 3rd quarter worth $30,000. Fifth Third Bancorp acquired a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF in the 1st quarter worth $73,000. Aptus Capital Advisors LLC boosted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 4,435.6% in the 4th 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. D.A. Davidson & CO. acquired a new position in First Trust Dorsey Wright International Focus 5 ETF during the first quarter worth $202,000. Finally, Quadrant Capital Group LLC purchased a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the 4th quarter valued at about $205,000.

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.