First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Short Interest Update

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 9,730 shares, a decrease of 41.8% from the June 15th total of 16,709 shares. Based on an average daily volume of 25,622 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC bought a new position in shares of First Trust Indxx Global Natural Resources Income ETF during the 4th quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the 2nd quarter worth $25,000. Western Wealth Management LLC bought a new stake in First Trust Indxx Global Natural Resources Income ETF in the first quarter worth about $62,000. Comerica Bank raised its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 120.0% in the 1st quarter. Comerica Bank now owns 5,500 shares of the company’s stock worth $73,000 after purchasing an additional 3,000 shares during the period. Finally, FSB Premier Wealth Management Inc. purchased a new position in shares of First Trust Indxx Global Natural Resources Income ETF during the 4th quarter valued at $185,000.

First Trust Indxx Global Natural Resources Income ETF Trading Down 1.2%

NASDAQ:FTRI traded down $0.19 during mid-day trading on Thursday, hitting $16.06. 11,458 shares of the company’s stock were exchanged, compared to its average volume of 49,145. The company has a 50 day simple moving average of $16.73 and a 200-day simple moving average of $17.33. The firm has a market capitalization of $119.65 million, a P/E ratio of 15.66 and a beta of 0.58. First Trust Indxx Global Natural Resources Income ETF has a fifty-two week low of $14.06 and a fifty-two week high of $19.13.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.0945 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.07. This represents a $0.38 annualized dividend and a dividend yield of 2.4%.

About First Trust Indxx Global Natural Resources Income ETF

First Trust ISE Global Copper Index Fund is an exchange traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the ISE Global Copper Index. The ISE Global Copper Index is designed to provide the investors interested in tracking public companies, which are active in the copper mining industry based on analysis of revenue derived from the sale of copper. The issuers of the component securities of the index must be engaged in some aspect of the copper mining industry, such as copper mining, refining or exploration.