First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) Short Interest Update

First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 3,335 shares, an increase of 296.6% from the July 15th total of 841 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,025 shares, the short-interest ratio is presently 1.6 days.

Institutional Trading of First Trust Dorsey Wright Dynamic Focus 5 ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Western Wealth Management LLC bought a new stake in First Trust Dorsey Wright Dynamic Focus 5 ETF during the first quarter worth about $27,000. Fifth Third Bancorp bought a new position in First Trust Dorsey Wright Dynamic Focus 5 ETF in the first quarter valued at approximately $90,000. NBT Bank N A NY increased its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 30,608.3% during the 1st quarter. NBT Bank N A NY now owns 11,055 shares of the company’s stock worth $385,000 after purchasing an additional 11,019 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF during the 4th quarter worth approximately $535,000. Finally, Kestra Advisory Services LLC raised its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 21.0% during the 1st quarter. Kestra Advisory Services LLC now owns 16,024 shares of the company’s stock worth $558,000 after purchasing an additional 2,785 shares in the last quarter.

First Trust Dorsey Wright Dynamic Focus 5 ETF Trading Up 0.9%

Shares of FVC stock opened at $42.33 on Thursday. The firm’s fifty day moving average price is $41.53 and its two-hundred day moving average price is $39.07. First Trust Dorsey Wright Dynamic Focus 5 ETF has a 1 year low of $33.81 and a 1 year high of $44.23. The firm has a market capitalization of $110.06 million, a P/E ratio of 19.13 and a beta of 0.71.

First Trust Dorsey Wright Dynamic Focus 5 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.0006 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.00 annualized dividend and a dividend yield of 0.0%.

About First Trust Dorsey Wright Dynamic Focus 5 ETF

The First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) is an exchange-traded fund that is based on the Dorsey Wright Dynamic Focus Five index. The fund tracks an index of global sector and industry ETFs, selected by price momentum and weighted equally. The fund can also allocate to cash in varying amounts based on momentum. FVC was launched on Mar 18, 2016 and is managed by First Trust.