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

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 39,461 shares, a growth of 48.8% from the January 29th total of 26,528 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 81,352 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 81,352 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.5% of the company’s stock are sold short.

Institutional Trading of First Trust Dorsey Wright International Focus 5 ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Wells Fargo & Company MN grew its stake in 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 in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of 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 valued at $7,812,000 after buying an additional 3,079 shares during the last quarter. Bank of America Corp DE grew its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 14.6% in the 3rd quarter. Bank of America Corp DE now owns 247,804 shares of the company’s stock valued at $6,066,000 after buying an additional 31,623 shares in the last quarter. UBS Group AG grew its stake in shares of 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 in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 19.4% in the second quarter. NewEdge Advisors LLC now owns 121,812 shares of the company’s stock worth $2,792,000 after buying an additional 19,824 shares during the last quarter.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

IFV traded down $0.41 on Monday, reaching $27.35. 20,687 shares of the company traded hands, compared to its average volume of 57,422. The stock’s 50 day moving average price is $26.41 and its 200-day moving average price is $25.01. First Trust Dorsey Wright International Focus 5 ETF has a 52-week low of $16.88 and a 52-week high of $27.98. The company has a market cap of $225.64 million, a price-to-earnings ratio of 13.24 and a beta of 0.75.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a dividend of $0.1502 per share. The ex-dividend date was Friday, December 12th. This represents a $0.60 annualized dividend and a dividend yield of 2.2%. This is an increase from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.07.

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.