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

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the recipient of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 24,034 shares, a decrease of 74.7% from the February 12th total of 94,977 shares. Based on an average daily trading volume, of 39,186 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 39,186 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of First Trust Indxx Global Natural Resources Income ETF

Several large investors have recently made changes to their positions in FTRI. D.A. Davidson & CO. grew its position in First Trust Indxx Global Natural Resources Income ETF by 1.4% during the 3rd quarter. D.A. Davidson & CO. now owns 70,285 shares of the company’s stock worth $1,068,000 after purchasing an additional 955 shares during the period. Treasure Coast Financial Planning boosted its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 3.8% during the 4th quarter. Treasure Coast Financial Planning now owns 27,429 shares of the company’s stock worth $430,000 after acquiring an additional 1,004 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the 4th quarter worth about $25,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the 2nd quarter valued at about $25,000. Finally, Bank of America Corp DE increased its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 2.5% in the 2nd quarter. Bank of America Corp DE now owns 105,736 shares of the company’s stock valued at $1,505,000 after purchasing an additional 2,578 shares in the last quarter.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

NASDAQ FTRI opened at $18.12 on Wednesday. The company has a market capitalization of $124.12 million, a price-to-earnings ratio of 15.66 and a beta of 0.79. The company’s 50-day simple moving average is $17.62 and its two-hundred day simple moving average is $16.03. First Trust Indxx Global Natural Resources Income ETF has a one year low of $11.39 and a one year high of $19.13.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were issued a $0.1115 dividend. This is an increase from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.08. This represents a $0.45 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, December 12th.

First Trust Indxx Global Natural Resources Income ETF Company Profile

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.