First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Short Interest Down 42.8% in April

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) was the recipient of a significant decline in short interest in April. As of April 30th, there was short interest totaling 37,729 shares, a decline of 42.8% from the April 15th total of 65,916 shares. Based on an average daily trading volume, of 124,113 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.8%

Shares of First Trust Dorsey Wright Focus 5 ETF stock traded down $0.58 during trading on Friday, reaching $69.75. The company’s stock had a trading volume of 67,507 shares, compared to its average volume of 135,494. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $56.17 and a 12-month high of $70.58. The company has a market capitalization of $3.68 billion, a P/E ratio of 19.48 and a beta of 1.08. The business has a 50 day moving average price of $63.82 and a 200-day moving average price of $63.86.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a $0.0514 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.3%.

Institutional Trading of First Trust Dorsey Wright Focus 5 ETF

A number of institutional investors have recently modified their holdings of the business. Benjamin Edwards Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 0.9% during the second quarter. Benjamin Edwards Inc. now owns 18,831 shares of the company’s stock worth $1,116,000 after purchasing an additional 177 shares in the last quarter. Stablepoint Partners LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 0.4% during the fourth quarter. Stablepoint Partners LLC now owns 53,329 shares of the company’s stock worth $3,355,000 after purchasing an additional 206 shares in the last quarter. Waterfront Wealth Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 0.8% during the third quarter. Waterfront Wealth Inc. now owns 31,662 shares of the company’s stock worth $1,957,000 after purchasing an additional 238 shares in the last quarter. Ausdal Financial Partners Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 3.3% during the second quarter. Ausdal Financial Partners Inc. now owns 7,655 shares of the company’s stock worth $454,000 after purchasing an additional 244 shares in the last quarter. Finally, Topsail Wealth Management LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 1.9% during the third quarter. Topsail Wealth Management LLC now owns 15,403 shares of the company’s stock worth $949,000 after purchasing an additional 294 shares in the last quarter.

About First Trust Dorsey Wright Focus 5 ETF

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.