Short Interest in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Rises By 170.3%

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 86,335 shares, a growth of 170.3% from the December 31st total of 31,936 shares. Based on an average daily trading volume, of 175,093 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 175,093 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Daymark Wealth Partners LLC increased its stake in First Trust Dorsey Wright Focus 5 ETF by 54.5% in the 3rd quarter. Daymark Wealth Partners LLC now owns 83,825 shares of the company’s stock valued at $5,190,000 after buying an additional 29,555 shares during the period. US Bancorp DE increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 10.3% during the second quarter. US Bancorp DE now owns 25,175 shares of the company’s stock worth $1,495,000 after acquiring an additional 2,349 shares during the period. Brookstone Capital Management acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter worth about $222,000. Geneos Wealth Management Inc. raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 171.5% during the second quarter. Geneos Wealth Management Inc. now owns 247,068 shares of the company’s stock worth $14,641,000 after purchasing an additional 156,052 shares in the last quarter. Finally, Madrona Financial Services LLC lifted its position in First Trust Dorsey Wright Focus 5 ETF by 2.1% in the third quarter. Madrona Financial Services LLC now owns 397,604 shares of the company’s stock valued at $24,620,000 after purchasing an additional 8,004 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.5%

NASDAQ:FV traded down $0.33 during trading hours on Thursday, hitting $67.46. The company’s stock had a trading volume of 99,099 shares, compared to its average volume of 194,883. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $47.04 and a 52-week high of $68.16. The stock has a market capitalization of $3.76 billion, a P/E ratio of 19.48 and a beta of 1.08. The stock has a fifty day moving average of $63.96 and a 200-day moving average of $62.23.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were issued a dividend of $0.1355 per share. The ex-dividend date of this dividend was Friday, December 12th. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. This represents a $0.54 dividend on an annualized basis and a yield of 0.8%.

First Trust Dorsey Wright Focus 5 ETF Company Profile

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.