First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Sees Large 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 April. As of April 15th, there was short interest totalling 6,400 shares, a growth of 113.3% from the March 31st total of 3,000 shares. Based on an average daily trading volume, of 26,400 shares, the days-to-cover ratio is presently 0.2 days.

First Trust Dorsey Wright International Focus 5 ETF Trading Up 0.1 %

NASDAQ:IFV traded up $0.01 on Friday, hitting $19.39. 13,404 shares of the company’s stock traded hands, compared to its average volume of 29,224. The firm has a 50-day moving average price of $19.70 and a 200-day moving average price of $19.00. The company has a market cap of $189.05 million, a PE ratio of 8.43 and a beta of 0.95. First Trust Dorsey Wright International Focus 5 ETF has a 1 year low of $16.99 and a 1 year high of $20.30.

First Trust Dorsey Wright International Focus 5 ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a $0.0733 dividend. This represents a $0.29 annualized dividend and a yield of 1.51%. The ex-dividend date was Thursday, March 21st.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. Element Wealth LLC bought a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the third quarter valued at approximately $31,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 28.3% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 63,031 shares of the company’s stock worth $1,118,000 after buying an additional 13,889 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 1.2% during the fourth quarter. Arkadios Wealth Advisors now owns 53,862 shares of the company’s stock valued at $1,052,000 after acquiring an additional 628 shares during the period. Genesee Capital Advisors LLC lifted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 4.2% during the 4th quarter. Genesee Capital Advisors LLC now owns 147,481 shares of the company’s stock valued at $2,882,000 after purchasing an additional 5,967 shares during the last quarter. Finally, PFG Investments LLC boosted its position in First Trust Dorsey Wright International Focus 5 ETF by 228.7% in the fourth quarter. PFG Investments LLC now owns 92,873 shares of the company’s stock valued at $1,815,000 after buying an additional 64,621 shares in the last quarter.

First Trust Dorsey Wright International Focus 5 ETF Company Profile

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.