First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) Short Interest Down 83.9% in February

First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 366 shares, a decrease of 83.9% from the February 12th total of 2,269 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 7,183 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 7,183 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

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

Several large investors have recently added to or reduced their stakes in the stock. Sankala Group LLC purchased a new stake in First Trust Dow Jones International Internet ETF during the fourth quarter valued at approximately $30,000. Wells Fargo & Company MN bought a new position in shares of First Trust Dow Jones International Internet ETF during the 4th quarter valued at approximately $57,000. ICONIQ Capital LLC bought a new position in shares of First Trust Dow Jones International Internet ETF during the 4th quarter valued at approximately $79,000. Newbridge Financial Services Group Inc. purchased a new stake in First Trust Dow Jones International Internet ETF during the 2nd quarter valued at $102,000. Finally, Fountainhead AM LLC bought a new stake in First Trust Dow Jones International Internet ETF in the third quarter worth $218,000.

First Trust Dow Jones International Internet ETF Stock Performance

Shares of NASDAQ:FDNI traded up $0.47 on Tuesday, reaching $29.58. The company’s stock had a trading volume of 6,953 shares, compared to its average volume of 17,458. The company has a 50-day simple moving average of $32.11 and a 200 day simple moving average of $34.86. First Trust Dow Jones International Internet ETF has a 52-week low of $25.82 and a 52-week high of $39.97. The company has a market cap of $48.81 million, a P/E ratio of 21.90 and a beta of 0.84.

First Trust Dow Jones International Internet ETF Dividend Announcement

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

First Trust Dow Jones International Internet ETF Company Profile

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.