First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Short Interest Update

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 22,051 shares, a decrease of 35.1% from the July 30th total of 33,956 shares. Based on an average daily volume of 51,276 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Investors Weigh In On First Trust Indxx Global Natural Resources Income ETF

A number of institutional investors and hedge funds have recently modified their holdings of FTRI. Focus Financial Network Inc. boosted its holdings in First Trust Indxx Global Natural Resources Income ETF by 4.3% during the 2nd quarter. Focus Financial Network Inc. now owns 19,894 shares of the company’s stock valued at $316,000 after acquiring an additional 821 shares during the period. Crumly & Associates Inc. grew its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 43.0% in the second quarter. Crumly & Associates Inc. now owns 22,683 shares of the company’s stock worth $360,000 after purchasing an additional 6,821 shares during the last quarter. Western Wealth Management LLC bought a new position in shares of First Trust Indxx Global Natural Resources Income ETF in the first quarter worth about $62,000. Royal Bank of Canada increased its stake in First Trust Indxx Global Natural Resources Income ETF by 19.3% in the 1st quarter. Royal Bank of Canada now owns 810,328 shares of the company’s stock worth $14,464,000 after buying an additional 131,076 shares during the period. Finally, D.A. Davidson & CO. increased its stake in First Trust Indxx Global Natural Resources Income ETF by 6.0% in the 1st quarter. D.A. Davidson & CO. now owns 79,567 shares of the company’s stock worth $1,420,000 after buying an additional 4,539 shares during the period.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

NASDAQ FTRI traded down $0.17 during trading on Tuesday, hitting $18.22. The stock had a trading volume of 28,557 shares, compared to its average volume of 45,631. The stock has a market capitalization of $135.74 million, a price-to-earnings ratio of 15.66 and a beta of 0.58. First Trust Indxx Global Natural Resources Income ETF has a one year low of $14.45 and a one year high of $19.13. The stock has a 50 day simple moving average of $16.91 and a 200 day simple moving average of $17.42.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.0945 dividend. The ex-dividend date was Thursday, June 25th. This is a positive change from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.07. This represents a $0.38 annualized dividend and a dividend yield of 2.1%.

About First Trust Indxx Global Natural Resources Income ETF

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. The issuers of the component securities of the index must be engaged in some aspect of the copper mining industry, such as copper mining, refining or exploration.