Short Interest in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Increases By 40.1%

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 94,693 shares, an increase of 40.1% from the November 30th total of 67,581 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 151,499 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 151,499 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Trading of First Trust Dorsey Wright Focus 5 ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. US Bancorp DE increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 10.3% in the second quarter. US Bancorp DE now owns 25,175 shares of the company’s stock valued at $1,495,000 after buying an additional 2,349 shares during the last quarter. Brookstone Capital Management acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth approximately $222,000. Geneos Wealth Management Inc. increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 171.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 247,068 shares of the company’s stock valued at $14,641,000 after acquiring an additional 156,052 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 10.3% during the 1st quarter. NewEdge Advisors LLC now owns 1,122,643 shares of the company’s stock valued at $61,588,000 after acquiring an additional 105,185 shares in the last quarter. Finally, Creative Capital Management Investments LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 97.4% during the second quarter. Creative Capital Management Investments LLC now owns 2,846 shares of the company’s stock worth $169,000 after purchasing an additional 1,404 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.9%

Shares of FV traded down $0.57 during mid-day trading on Wednesday, reaching $62.92. 93,271 shares of the stock traded hands, compared to its average volume of 129,567. The stock has a fifty day simple moving average of $61.97 and a 200 day simple moving average of $61.18. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $47.04 and a 12-month high of $63.98. The firm has a market cap of $3.72 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be issued a $0.1355 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.54 dividend on an annualized basis and a yield of 0.9%. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10.

First Trust Dorsey Wright Focus 5 ETF Company Profile

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.