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 increase in short interest in the month of June. As of June 30th, there was short interest totaling 21,543 shares, an increase of 701.5% from the June 15th total of 2,688 shares. Based on an average daily trading volume, of 52,401 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are short sold.

First Trust Dorsey Wright International Focus 5 ETF Trading Down 0.0%

IFV stock opened at $25.93 on Monday. The company has a market capitalization of $238.56 million, a PE ratio of 13.24 and a beta of 0.75. First Trust Dorsey Wright International Focus 5 ETF has a 12-month low of $22.58 and a 12-month high of $28.70. The business’s fifty day moving average price is $27.44 and its 200 day moving average price is $26.67.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

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

Institutional Trading of First Trust Dorsey Wright International Focus 5 ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Wells Fargo & Company MN boosted its stake in shares of 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 valued at $27,185,000 after purchasing an additional 370,415 shares during the period. NewEdge Advisors LLC lifted its holdings in 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 worth $19,776,000 after buying an additional 261,757 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in 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 worth $7,812,000 after buying an additional 3,079 shares in the last quarter. Bank of America Corp DE lifted its holdings in 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 buying an additional 26,919 shares in the last quarter. Finally, UBS Group AG boosted its position in First Trust Dorsey Wright International Focus 5 ETF by 27.7% in the 4th quarter. UBS Group AG now owns 166,595 shares of the company’s stock valued at $4,137,000 after buying an additional 36,171 shares during the period.

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.