Short Interest in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Decreases By 80.5%

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 1,700 shares, a decrease of 80.5% from the August 15th total of 8,700 shares. Based on an average daily trading volume, of 85,200 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On First Trust Indxx Global Natural Resources Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Waterfront Wealth Inc. bought a new position in shares of First Trust Indxx Global Natural Resources Income ETF in the second quarter worth about $201,000. Janney Montgomery Scott LLC increased its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 4.7% in the first quarter. Janney Montgomery Scott LLC now owns 24,367 shares of the company’s stock valued at $323,000 after purchasing an additional 1,093 shares in the last quarter. Clarus Wealth Advisors bought a new position in First Trust Indxx Global Natural Resources Income ETF in the 1st quarter worth approximately $371,000. International Assets Investment Management LLC acquired a new position in First Trust Indxx Global Natural Resources Income ETF during the 4th quarter worth $424,000. Finally, Global Assets Advisory LLC lifted its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 12.5% during the fourth quarter. Global Assets Advisory LLC now owns 40,500 shares of the company’s stock valued at $530,000 after acquiring an additional 4,500 shares during the period.

First Trust Indxx Global Natural Resources Income ETF Price Performance

Shares of NASDAQ:FTRI traded up $0.17 during trading on Friday, reaching $13.10. The stock had a trading volume of 28,833 shares, compared to its average volume of 87,837. The stock has a market capitalization of $163.75 million, a PE ratio of 6.13 and a beta of 0.94. First Trust Indxx Global Natural Resources Income ETF has a 52 week low of $11.94 and a 52 week high of $14.12. The business’s 50-day moving average price is $13.18 and its 200 day moving average price is $13.24.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a $0.1896 dividend. This is an increase from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.76 annualized dividend and a yield of 5.79%.

First Trust Indxx Global Natural Resources Income ETF Company Profile

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.