First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Short Interest Up 125.5% in May

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 27,551 shares, a growth of 125.5% from the May 14th total of 12,217 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 63,655 shares, the days-to-cover ratio is presently 0.4 days.

First Trust Dorsey Wright International Focus 5 ETF Trading Up 0.7%

NASDAQ:IFV opened at $27.70 on Friday. The stock has a market capitalization of $247.92 million, a P/E ratio of 13.24 and a beta of 0.74. First Trust Dorsey Wright International Focus 5 ETF has a 1 year low of $21.98 and a 1 year high of $28.52. The firm has a 50 day moving average of $27.39 and a 200-day moving average of $26.29.

First Trust Dorsey Wright International 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 issued a dividend of $0.0087 per share. This represents a $0.03 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, March 26th.

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

Institutional investors and hedge funds have recently bought and sold shares of the business. Wells Fargo & Company MN grew its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 51.1% during the fourth quarter. Wells Fargo & Company MN now owns 1,094,834 shares of the company’s stock worth $27,185,000 after purchasing an additional 370,415 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 50.3% in the first quarter. NewEdge Advisors LLC now owns 782,569 shares of the company’s stock valued at $19,776,000 after buying an additional 261,757 shares during the last quarter. Jane Street Group LLC bought a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the second quarter valued at about $2,128,000. Wagner Wealth Management Corp acquired a new position in First Trust Dorsey Wright International Focus 5 ETF during the 4th quarter worth about $1,580,000. Finally, PFG Investments LLC lifted its position in 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 buying an additional 49,649 shares in 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.