First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Short Interest Down 18.9% in February

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) saw a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 20,376 shares, a decrease of 18.9% from the February 12th total of 25,135 shares. Based on an average daily volume of 149,343 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 149,343 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. World Investment Advisors boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 15.9% during the 4th quarter. World Investment Advisors now owns 26,602 shares of the company’s stock valued at $1,674,000 after purchasing an additional 3,641 shares in the last quarter. Advisortrust Partners LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth approximately $365,000. Corient Private Wealth LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at approximately $4,065,000. Redwood Family Wealth LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at approximately $657,000. Finally, Worthington Financial Partners LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $709,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

NASDAQ FV traded up $0.73 during mid-day trading on Monday, reaching $61.35. 149,929 shares of the stock were exchanged, compared to its average volume of 160,041. First Trust Dorsey Wright Focus 5 ETF has a one year low of $47.04 and a one year high of $68.16. The stock has a 50 day simple moving average of $65.41 and a 200-day simple moving average of $63.17. The stock has a market cap of $3.40 billion, a P/E ratio of 19.48 and a beta of 1.08.

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.