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

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) saw a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 300 shares, a drop of 94.6% from the January 31st total of 5,600 shares. Based on an average daily volume of 74,000 shares, the short-interest ratio is presently 0.0 days.

First Trust Dorsey Wright International Focus 5 ETF Stock Down 1.0 %

Shares of IFV stock opened at $19.80 on Friday. First Trust Dorsey Wright International Focus 5 ETF has a 12-month low of $18.48 and a 12-month high of $21.38. The firm has a market capitalization of $130.68 million, a price-to-earnings ratio of 8.65 and a beta of 0.95. The firm has a fifty day moving average of $19.38 and a 200-day moving average of $19.90.

First Trust Dorsey Wright International Focus 5 ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.1872 per share. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Investors Weigh In On First Trust Dorsey Wright International Focus 5 ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Topsail Wealth Management LLC acquired a new position in First Trust Dorsey Wright International Focus 5 ETF during the 4th quarter worth approximately $130,000. Steward Partners Investment Advisory LLC lifted its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 26.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 14,725 shares of the company’s stock worth $282,000 after purchasing an additional 3,105 shares in the last quarter. Cushing Capital Partners LLC acquired a new position in First Trust Dorsey Wright International Focus 5 ETF during the fourth quarter worth $406,000. Arkadios Wealth Advisors grew its position in First Trust Dorsey Wright International Focus 5 ETF by 7.6% in the fourth quarter. Arkadios Wealth Advisors now owns 33,228 shares of the company’s stock valued at $637,000 after purchasing an additional 2,333 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co increased its stake in First Trust Dorsey Wright International Focus 5 ETF by 3.3% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 36,622 shares of the company’s stock valued at $771,000 after buying an additional 1,162 shares during the last quarter.

First Trust Dorsey Wright International Focus 5 ETF Company Profile

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.