First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Short Interest Update

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 5,670 shares, a growth of 104.6% from the August 15th total of 2,771 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 51,310 shares, the short-interest ratio is currently 0.1 days.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

Shares of NASDAQ IFV traded down $0.52 during midday trading on Monday, reaching $25.50. 12,064 shares of the stock traded hands, compared to its average volume of 55,706. The company’s 50 day moving average is $25.88 and its 200 day moving average is $26.54. First Trust Dorsey Wright International Focus 5 ETF has a one year low of $23.19 and a one year high of $28.70. The stock has a market capitalization of $229.50 million, a PE ratio of 13.24 and a beta of 0.76.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

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

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

A number of institutional investors and hedge funds have recently made changes to their positions in IFV. Fifth Third Bancorp bought a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF in the 1st quarter worth about $73,000. D.A. Davidson & CO. bought a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the 1st quarter valued at about $202,000. Kestra Advisory Services LLC grew its position in First Trust Dorsey Wright International Focus 5 ETF by 23.3% in the first quarter. Kestra Advisory Services LLC now owns 23,235 shares of the company’s stock worth $587,000 after acquiring an additional 4,387 shares in the last quarter. Royal Bank of Canada grew its position in First Trust Dorsey Wright International Focus 5 ETF by 126.9% in the first quarter. Royal Bank of Canada now owns 28,681 shares of the company’s stock worth $725,000 after acquiring an additional 16,040 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its stake in First Trust Dorsey Wright International Focus 5 ETF by 2.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 43,584 shares of the company’s stock worth $1,082,000 after acquiring an additional 936 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.