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

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) saw a large decline in short interest in March. As of March 13th, there was short interest totaling 35,228 shares, a decline of 14.5% from the February 26th total of 41,199 shares. Based on an average trading volume of 52,330 shares, the short-interest ratio is currently 0.7 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Trading of First Trust Dorsey Wright International Focus 5 ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of IFV. Advisory Services Network LLC acquired a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the 3rd quarter worth about $30,000. Founders Financial Alliance LLC increased its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 62.4% in the 3rd quarter. Founders Financial Alliance LLC now owns 1,626 shares of the company’s stock valued at $40,000 after acquiring an additional 625 shares during the last quarter. Aptus Capital Advisors LLC raised its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 4,435.6% during the 4th quarter. Aptus Capital Advisors LLC now owns 4,082 shares of the company’s stock worth $101,000 after acquiring an additional 3,992 shares in the last quarter. PNC Financial Services Group Inc. acquired a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF during the 3rd quarter worth about $147,000. Finally, Ameritas Advisory Services LLC lifted its stake in First Trust Dorsey Wright International Focus 5 ETF by 16.2% during the third quarter. Ameritas Advisory Services LLC now owns 6,326 shares of the company’s stock worth $155,000 after purchasing an additional 880 shares during the last quarter.

First Trust Dorsey Wright International Focus 5 ETF Trading Up 1.4%

Shares of NASDAQ:IFV opened at $25.63 on Thursday. 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’s 50 day moving average is $26.42 and its two-hundred day moving average is $25.22. The company has a market cap of $224.26 million, a PE ratio of 13.24 and a beta of 0.75.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

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

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.