Short Interest in First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) Expands By 5.3%

First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 25,700 shares, a growth of 5.3% from the January 15th total of 24,400 shares. Based on an average trading volume of 7,500 shares, the days-to-cover ratio is presently 3.4 days.

Hedge Funds Weigh In On First Trust Dow Jones International Internet ETF

Several large investors have recently modified their holdings of FDNI. Raymond James Financial Inc. acquired a new stake in First Trust Dow Jones International Internet ETF in the fourth quarter valued at $5,537,000. GTS Securities LLC grew its position in shares of First Trust Dow Jones International Internet ETF by 97.1% in the 4th quarter. GTS Securities LLC now owns 101,020 shares of the company’s stock valued at $2,757,000 after buying an additional 49,765 shares during the last quarter. OLD Mission Capital LLC increased its stake in shares of First Trust Dow Jones International Internet ETF by 370.8% in the fourth quarter. OLD Mission Capital LLC now owns 61,431 shares of the company’s stock valued at $1,676,000 after buying an additional 48,382 shares during the period. Jane Street Group LLC bought a new position in shares of First Trust Dow Jones International Internet ETF during the third quarter worth about $634,000. Finally, Financial Engines Advisors L.L.C. acquired a new position in shares of First Trust Dow Jones International Internet ETF in the fourth quarter worth approximately $315,000.

First Trust Dow Jones International Internet ETF Trading Up 1.4 %

Shares of First Trust Dow Jones International Internet ETF stock opened at $33.42 on Wednesday. The firm’s 50 day moving average is $28.55 and its 200 day moving average is $27.49. The firm has a market capitalization of $43.45 million, a PE ratio of 25.42 and a beta of 0.80. First Trust Dow Jones International Internet ETF has a 1 year low of $21.81 and a 1 year high of $34.00.

First Trust Dow Jones International Internet ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.222 per share. The ex-dividend date was Friday, December 13th.

About First Trust Dow Jones International Internet ETF

The First Trust Dow Jones International Internet ETF (FDNI) is an exchange-traded fund that is based on the Dow Jones International Internet index, a market-cap-weighted index that holds a concentrated portfolio of the largest internet services and commerce companies outside of the US. FDNI was launched on Nov 5, 2018 and is managed by First Trust.