First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Short Interest Update

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 5,670 shares, a growth of 104.6% from the August 15th total of 2,771 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 51,310 shares, the days-to-cover ratio is presently 0.1 days.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

First Trust Dorsey Wright International Focus 5 ETF stock traded up $0.15 during trading hours on Wednesday, reaching $25.55. The company had a trading volume of 6,142 shares, compared to its average volume of 55,285. The company has a 50-day moving average price of $25.85 and a 200 day moving average price of $26.51. The firm has a market cap of $205.97 million, a price-to-earnings ratio of 13.24 and a beta of 0.76. First Trust Dorsey Wright International Focus 5 ETF has a 12-month low of $23.19 and a 12-month high of $28.70.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.2505 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a dividend yield of 3.9%.

Institutional Investors Weigh In On First Trust Dorsey Wright International Focus 5 ETF

Several institutional investors have recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC bought a new stake in First Trust Dorsey Wright International Focus 5 ETF during the 2nd quarter valued at approximately $32,723,000. NewEdge Advisors LLC raised its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 50.3% in the 1st quarter. NewEdge Advisors LLC now owns 782,569 shares of the company’s stock worth $19,776,000 after acquiring an additional 261,757 shares in the last quarter. PFG Investments LLC lifted its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 163.7% in the 1st quarter. PFG Investments LLC now owns 79,971 shares of the company’s stock valued at $2,021,000 after purchasing an additional 49,649 shares during the period. UBS Group AG lifted 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 purchasing an additional 36,171 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 9.4% during the first quarter. Bank of America Corp DE now owns 314,659 shares of the company’s stock valued at $7,951,000 after purchasing an additional 26,919 shares in the last quarter.

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.