First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Sees Significant Increase in Short Interest

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 21,543 shares, an increase of 701.5% from the June 15th total of 2,688 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 52,401 shares, the days-to-cover ratio is presently 0.4 days.

First Trust Dorsey Wright International Focus 5 ETF Trading Down 0.3%

Shares of IFV traded down $0.07 during midday trading on Friday, reaching $25.93. The stock had a trading volume of 23,364 shares, compared to its average volume of 60,534. The firm has a market cap of $246.34 million, a PE ratio of 13.24 and a beta of 0.75. The firm has a 50 day simple moving average of $27.44 and a 200-day simple moving average of $26.66. First Trust Dorsey Wright International Focus 5 ETF has a one year low of $22.58 and a one year high of $28.70.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.2505 dividend. This is an increase from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 25th. This represents a $1.00 annualized dividend and a yield of 3.9%.

Hedge Funds Weigh In On First Trust Dorsey Wright International Focus 5 ETF

A number of institutional investors have recently bought and sold shares of the business. Wells Fargo & Company MN raised its stake in First Trust Dorsey Wright International Focus 5 ETF by 51.1% in the fourth quarter. Wells Fargo & Company MN now owns 1,094,834 shares of the company’s stock valued at $27,185,000 after buying an additional 370,415 shares during the period. NewEdge Advisors LLC boosted its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 50.3% during the 1st quarter. NewEdge Advisors LLC now owns 782,569 shares of the company’s stock worth $19,776,000 after acquiring an additional 261,757 shares during the period. Jane Street Group LLC acquired a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the 2nd quarter worth approximately $2,128,000. Wagner Wealth Management Corp acquired a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the 4th quarter worth approximately $1,580,000. Finally, PFG Investments LLC increased its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 163.7% during the 1st quarter. PFG Investments LLC now owns 79,971 shares of the company’s stock worth $2,021,000 after acquiring an additional 49,649 shares during the last quarter.

About First Trust Dorsey Wright International Focus 5 ETF

The First Trust Dorsey Wright International Focus 5 ETF (IFV) is an exchange-traded fund that mostly invests in total market equity. The fund is an ETF-of-ETFs that tracks a momentum-driven, country\u002Fregion rotation index of international equities. The index is equal-weighted. IFV was launched on Jul 22, 2014 and is managed by First Trust.