First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Short Interest Update

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 10,179 shares, a drop of 39.1% from the August 31st total of 16,708 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 17,040 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of First Trust Indxx Global Natural Resources Income ETF

Large investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 19.3% in the 1st quarter. Royal Bank of Canada now owns 810,328 shares of the company’s stock valued at $14,464,000 after purchasing an additional 131,076 shares during the period. D.A. Davidson & CO. raised its position in shares of First Trust Indxx Global Natural Resources Income ETF by 6.0% during the first quarter. D.A. Davidson & CO. now owns 79,567 shares of the company’s stock worth $1,420,000 after purchasing an additional 4,539 shares during the period. Manchester Financial Inc. lifted its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 104.0% in the first quarter. Manchester Financial Inc. now owns 39,024 shares of the company’s stock valued at $697,000 after buying an additional 19,898 shares in the last quarter. Integrated Wealth Concepts LLC boosted its stake in First Trust Indxx Global Natural Resources Income ETF by 46.1% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 37,344 shares of the company’s stock valued at $593,000 after purchasing an additional 11,791 shares during the last quarter. Finally, Crumly & Associates Inc. raised its position in First Trust Indxx Global Natural Resources Income ETF by 43.0% in the 2nd quarter. Crumly & Associates Inc. now owns 22,683 shares of the company’s stock valued at $360,000 after buying an additional 6,821 shares during the last quarter.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

Shares of FTRI traded down $0.16 during trading hours on Thursday, reaching $16.62. The stock had a trading volume of 5,060 shares, compared to its average volume of 42,124. First Trust Indxx Global Natural Resources Income ETF has a 12 month low of $14.45 and a 12 month high of $19.13. The company’s 50-day moving average is $17.72 and its two-hundred day moving average is $17.35. The stock has a market capitalization of $116.34 million, a PE ratio of 15.66 and a beta of 0.59.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a $0.0799 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This is a negative change from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.0945. This represents a $0.32 annualized dividend and a dividend yield of 1.9%.

About First Trust Indxx Global Natural Resources Income ETF

First Trust ISE Global Copper Index Fund is an exchange traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the ISE Global Copper Index. The ISE Global Copper Index is designed to provide the investors interested in tracking public companies, which are active in the copper mining industry based on analysis of revenue derived from the sale of copper. The issuers of the component securities of the index must be engaged in some aspect of the copper mining industry, such as copper mining, refining or exploration.