First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) Short Interest Up 62.4% in February

First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 2,269 shares, an increase of 62.4% from the January 29th total of 1,397 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 11,571 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 11,571 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On First Trust Dow Jones International Internet ETF

A number of large investors have recently modified their holdings of the company. Wells Fargo & Company MN acquired a new stake in First Trust Dow Jones International Internet ETF in the 4th quarter worth about $57,000. ICONIQ Capital LLC purchased a new stake in First Trust Dow Jones International Internet ETF during the 4th quarter worth $79,000. Newbridge Financial Services Group Inc. acquired a new position in shares of First Trust Dow Jones International Internet ETF in the second quarter worth about $102,000. Fountainhead AM LLC acquired a new stake in shares of First Trust Dow Jones International Internet ETF during the third quarter worth approximately $218,000. Finally, Signal Advisors Wealth LLC bought a new position in shares of First Trust Dow Jones International Internet ETF during the third quarter worth about $243,000.

First Trust Dow Jones International Internet ETF Stock Down 1.1%

Shares of First Trust Dow Jones International Internet ETF stock traded down $0.32 on Friday, hitting $29.45. The stock had a trading volume of 1,392 shares, compared to its average volume of 14,905. The business’s 50 day moving average is $32.89 and its two-hundred day moving average is $35.18. First Trust Dow Jones International Internet ETF has a twelve month low of $25.82 and a twelve month high of $39.97. The stock has a market cap of $48.58 million, a price-to-earnings ratio of 21.90 and a beta of 0.84.

First Trust Dow Jones International Internet ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a dividend of $0.3784 per share. The ex-dividend date was Friday, December 12th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 5.1%.

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.