First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Sees Significant Increase in Short Interest

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 17,500 shares, an increase of 1,650.0% from the July 31st total of 1,000 shares. Based on an average daily volume of 19,400 shares, the short-interest ratio is presently 0.9 days.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

Shares of NASDAQ:IFV traded up $0.01 during trading on Tuesday, reaching $20.67. 5,255 shares of the company were exchanged, compared to its average volume of 23,748. The firm has a market capitalization of $195.33 million, a PE ratio of 8.65 and a beta of 0.95. The business’s fifty day simple moving average is $19.90 and its 200-day simple moving average is $19.79. First Trust Dorsey Wright International Focus 5 ETF has a 12-month low of $16.99 and a 12-month high of $20.83.

First Trust Dorsey Wright International Focus 5 ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a dividend of $0.1495 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date was Thursday, June 27th.

Hedge Funds Weigh In On First Trust Dorsey Wright International Focus 5 ETF

A number of institutional investors have recently modified their holdings of IFV. Private Advisor Group LLC increased its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 4.9% during the fourth quarter. Private Advisor Group LLC now owns 14,216 shares of the company’s stock worth $278,000 after acquiring an additional 661 shares during the period. &PARTNERS purchased a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF during the first quarter worth about $278,000. Raymond James Financial Services Advisors Inc. grew its stake in First Trust Dorsey Wright International Focus 5 ETF by 3.0% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 1,147,707 shares of the company’s stock valued at $22,954,000 after acquiring an additional 33,494 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 33.0% in the 1st quarter. Commonwealth Equity Services LLC now owns 100,877 shares of the company’s stock valued at $2,018,000 after purchasing an additional 25,041 shares during the last quarter. Finally, SageView Advisory Group LLC acquired a new position in First Trust Dorsey Wright International Focus 5 ETF in the 1st quarter valued at about $99,000.

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.