Short Interest in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Rises By 104.6%

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 5,670 shares, an increase of 104.6% from the August 15th total of 2,771 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 51,310 shares, the days-to-cover ratio is presently 0.1 days.

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

Several large investors have recently made changes to their positions in the stock. UBS Group AG boosted its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 27.7% during the fourth quarter. UBS Group AG now owns 166,595 shares of the company’s stock worth $4,137,000 after buying an additional 36,171 shares during the period. NewEdge Advisors LLC raised its holdings in shares of 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 valued at $19,776,000 after buying an additional 261,757 shares during the period. PFG Investments LLC lifted its stake in 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 worth $2,021,000 after acquiring an additional 49,649 shares in the last quarter. Bank of America Corp DE lifted its stake 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 acquiring an additional 26,919 shares in the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new position in First Trust Dorsey Wright International Focus 5 ETF during the 2nd quarter valued at about $32,723,000.

First Trust Dorsey Wright International Focus 5 ETF Trading Down 0.4%

First Trust Dorsey Wright International Focus 5 ETF stock traded down $0.09 during midday trading on Tuesday, hitting $25.41. 31,947 shares of the stock were exchanged, compared to its average volume of 55,571. The stock’s 50-day simple moving average is $25.85 and its 200 day simple moving average is $26.51. First Trust Dorsey Wright International Focus 5 ETF has a fifty-two week low of $23.19 and a fifty-two week high of $28.70. The stock has a market capitalization of $204.80 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 firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.2505 per share. This represents a $1.00 annualized dividend and a yield of 3.9%. This is a positive change from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 25th.

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.