Short Interest in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Declines By 67.6%

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 9,600 shares, a decrease of 67.6% from the October 31st total of 29,600 shares. Based on an average trading volume of 21,200 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. GAMMA Investing LLC acquired a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the 2nd quarter worth approximately $87,000. Sanctuary Advisors LLC bought a new position in First Trust Dorsey Wright International Focus 5 ETF during the second quarter worth $294,000. Concurrent Investment Advisors LLC increased its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 0.9% in the second quarter. Concurrent Investment Advisors LLC now owns 683,078 shares of the company’s stock valued at $13,436,000 after purchasing an additional 6,135 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 83.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,455 shares of the company’s stock valued at $29,000 after purchasing an additional 663 shares during the period. Finally, PFG Investments LLC lifted its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 3.4% during the 3rd quarter. PFG Investments LLC now owns 28,551 shares of the company’s stock worth $601,000 after buying an additional 932 shares during the last quarter.

First Trust Dorsey Wright International Focus 5 ETF Trading Up 0.6 %

Shares of First Trust Dorsey Wright International Focus 5 ETF stock traded up $0.12 on Wednesday, reaching $19.62. 13,924 shares of the company were exchanged, compared to its average volume of 23,047. The company has a market capitalization of $179.48 million, a price-to-earnings ratio of 8.65 and a beta of 0.95. First Trust Dorsey Wright International Focus 5 ETF has a one year low of $18.42 and a one year high of $21.38. The company has a 50-day moving average of $20.25 and a 200 day moving average of $20.09.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.0337 per share. This represents a $0.13 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend was Thursday, September 26th.

About First Trust Dorsey Wright International Focus 5 ETF

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.