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 large decline in short interest in July. As of July 31st, there was short interest totaling 17,840 shares, a decline of 36.0% from the July 15th total of 27,860 shares. Based on an average daily trading volume, of 46,007 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On First Trust Dorsey Wright International Focus 5 ETF

Institutional investors have recently added to or reduced their stakes in the business. Wells Fargo & Company MN increased its position in First Trust Dorsey Wright International Focus 5 ETF by 51.1% during 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 boosted its holdings 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 worth $19,776,000 after acquiring an additional 261,757 shares during the period. Jane Street Group LLC purchased a new stake in First Trust Dorsey Wright International Focus 5 ETF during the 2nd quarter worth $2,128,000. Wagner Wealth Management Corp acquired a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the fourth quarter worth about $1,580,000. Finally, PFG Investments LLC boosted its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 163.7% during the 1st quarter. PFG Investments LLC now owns 79,971 shares of the company’s stock valued at $2,021,000 after buying an additional 49,649 shares during the last quarter.

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

Shares of IFV stock traded down $0.58 during trading hours on Tuesday, hitting $25.91. The company’s stock had a trading volume of 3,550 shares, compared to its average volume of 56,020. The business has a fifty day moving average of $26.28 and a 200-day moving average of $26.68. The stock has a market cap 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 has a twelve month low of $23.19 and a twelve month high of $28.70.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

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

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.