Short Interest in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Grows By 568.1%

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 68,870 shares, an increase of 568.1% from the April 15th total of 10,309 shares. Based on an average daily volume of 45,961 shares, the short-interest ratio is presently 1.5 days. Currently, 0.8% of the company’s stock are sold short.

Institutional Trading of First Trust Dorsey Wright International Focus 5 ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Advisory Services Network LLC purchased a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF during the 3rd quarter valued at $30,000. Founders Financial Alliance LLC raised its stake in 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 worth $40,000 after acquiring an additional 625 shares during the last quarter. Fifth Third Bancorp purchased a new position in First Trust Dorsey Wright International Focus 5 ETF in the 1st quarter worth $73,000. Aptus Capital Advisors LLC raised its stake in First Trust Dorsey Wright International Focus 5 ETF by 4,435.6% in 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 during the last quarter. Finally, PNC Financial Services Group Inc. purchased a new position in First Trust Dorsey Wright International Focus 5 ETF in the 3rd quarter worth $147,000.

First Trust Dorsey Wright International Focus 5 ETF Trading Up 1.1%

Shares of IFV traded up $0.30 during midday trading on Wednesday, hitting $28.36. 25,006 shares of the company’s stock traded hands, compared to its average volume of 58,898. First Trust Dorsey Wright International Focus 5 ETF has a 1 year low of $21.42 and a 1 year high of $28.52. The firm’s fifty day moving average is $26.40 and its 200-day moving average is $25.78. The stock has a market capitalization of $253.82 million, a price-to-earnings ratio of 13.24 and a beta of 0.74.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

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

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.