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

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) saw a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 56,417 shares, a drop of 51.4% from the January 15th total of 116,060 shares. Based on an average daily volume of 80,990 shares, the short-interest ratio is presently 0.7 days. Currently, 0.8% of the company’s stock are short sold. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 80,990 shares, the short-interest ratio is presently 0.7 days.

First Trust Indxx Global Natural Resources Income ETF Stock Down 1.5%

Shares of NASDAQ:FTRI traded down $0.27 during midday trading on Thursday, reaching $18.11. The company had a trading volume of 89,038 shares, compared to its average volume of 66,828. The business’s 50 day moving average price is $16.52 and its 200 day moving average price is $15.49. The stock has a market cap of $124.05 million, a PE ratio of 15.66 and a beta of 0.79. First Trust Indxx Global Natural Resources Income ETF has a 1-year low of $11.39 and a 1-year high of $18.48.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.1115 per share. The ex-dividend date was Friday, December 12th. This represents a $0.45 annualized dividend and a dividend yield of 2.5%. This is a boost from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.08.

Institutional Investors Weigh In On First Trust Indxx Global Natural Resources Income ETF

A number of large investors have recently added to or reduced their stakes in the stock. D.A. Davidson & CO. grew its position in First Trust Indxx Global Natural Resources Income ETF by 8.0% during the 2nd quarter. D.A. Davidson & CO. now owns 69,330 shares of the company’s stock valued at $987,000 after purchasing an additional 5,137 shares during the last quarter. Rockefeller Capital Management L.P. increased its position in shares of First Trust Indxx Global Natural Resources Income ETF by 43.4% during the second quarter. Rockefeller Capital Management L.P. now owns 26,449 shares of the company’s stock worth $376,000 after purchasing an additional 8,002 shares in the last quarter. Benjamin Edwards Inc. purchased a new stake in First Trust Indxx Global Natural Resources Income ETF in the third quarter valued at approximately $1,625,000. Atria Wealth Solutions Inc. grew its position in First Trust Indxx Global Natural Resources Income ETF by 23.8% during the second quarter. Atria Wealth Solutions Inc. now owns 25,873 shares of the company’s stock valued at $368,000 after buying an additional 4,978 shares during the period. Finally, Lauer Wealth LLC acquired a new stake in First Trust Indxx Global Natural Resources Income ETF in the 2nd quarter worth about $463,000.

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.