First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Sees Large Increase in Short Interest

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 27,551 shares, an increase of 125.5% from the May 14th total of 12,217 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 63,655 shares, the short-interest ratio is presently 0.4 days.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

IFV stock opened at $27.70 on Monday. The firm has a market cap of $247.92 million, a P/E ratio of 13.24 and a beta of 0.74. First Trust Dorsey Wright International Focus 5 ETF has a 12-month low of $21.98 and a 12-month high of $28.52. The stock’s 50 day simple moving average is $27.39 and its 200 day simple moving average is $26.31.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0087 per share. This represents a $0.03 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, March 26th.

Institutional Investors Weigh In On First Trust Dorsey Wright International Focus 5 ETF

Several large investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC increased its position in First Trust Dorsey Wright International Focus 5 ETF by 4.3% in the fourth quarter. Farther Finance Advisors LLC now owns 13,054 shares of the company’s stock worth $324,000 after buying an additional 537 shares during the period. MML Investors Services LLC increased its position in First Trust Dorsey Wright International Focus 5 ETF by 1.2% in the fourth quarter. MML Investors Services LLC now owns 49,841 shares of the company’s stock worth $1,238,000 after buying an additional 596 shares during the period. Founders Financial Alliance LLC increased its position in First Trust Dorsey Wright International Focus 5 ETF by 62.4% in the third quarter. Founders Financial Alliance LLC now owns 1,626 shares of the company’s stock worth $40,000 after buying an additional 625 shares during the period. Ameritas Advisory Services LLC increased its position in First Trust Dorsey Wright International Focus 5 ETF by 16.2% in the third quarter. Ameritas Advisory Services LLC now owns 6,326 shares of the company’s stock worth $155,000 after buying an additional 880 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its position in First Trust Dorsey Wright International Focus 5 ETF by 5.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 17,497 shares of the company’s stock worth $434,000 after buying an additional 920 shares during the period.

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.