First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Short Interest Up 41.5% in January

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 24,148 shares, an increase of 41.5% from the December 31st total of 17,064 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 78,557 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 78,557 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the company’s shares are sold short.

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

A number of hedge funds have recently made changes to their positions in IFV. Advisory Services Network LLC purchased a new stake in First Trust Dorsey Wright International Focus 5 ETF in the third quarter valued at approximately $30,000. Creative Capital Management Investments LLC acquired a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF in the second quarter valued at $29,000. Founders Financial Alliance LLC raised its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 62.4% in the 3rd quarter. Founders Financial Alliance LLC now owns 1,626 shares of the company’s stock valued at $40,000 after buying an additional 625 shares during the period. Farther Finance Advisors LLC purchased a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF in the 2nd quarter valued at $77,000. Finally, Ameritas Advisory Services LLC acquired a new position in First Trust Dorsey Wright International Focus 5 ETF during the 2nd quarter worth about $125,000.

First Trust Dorsey Wright International Focus 5 ETF Trading Up 0.4%

IFV traded up $0.11 on Monday, hitting $26.72. The company had a trading volume of 39,481 shares, compared to its average volume of 50,218. The firm has a market cap of $220.44 million, a P/E ratio of 13.24 and a beta of 0.75. First Trust Dorsey Wright International Focus 5 ETF has a 1 year low of $16.88 and a 1 year high of $27.29. The company’s fifty day moving average price is $25.19 and its 200 day moving average price is $24.47.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a $0.1502 dividend. This is a positive change from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.2%.

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.