First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Short Interest Update

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 6,632 shares, a decline of 31.8% from the June 30th total of 9,730 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 85,421 shares, the days-to-cover ratio is presently 0.1 days.

First Trust Indxx Global Natural Resources Income ETF Trading Down 0.9%

FTRI stock opened at $16.57 on Friday. First Trust Indxx Global Natural Resources Income ETF has a 52 week low of $14.06 and a 52 week high of $19.13. The company has a market cap of $123.45 million, a P/E ratio of 15.66 and a beta of 0.58. The company’s 50-day moving average price is $16.52 and its 200 day moving average price is $17.36.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a $0.0945 dividend. This is a boost from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.07. This represents a $0.38 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Thursday, June 25th.

Institutional Trading of First Trust Indxx Global Natural Resources Income ETF

A number of institutional investors have recently modified their holdings of the company. Royal Bank of Canada grew its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 19.3% in the first quarter. Royal Bank of Canada now owns 810,328 shares of the company’s stock valued at $14,464,000 after buying an additional 131,076 shares in the last quarter. Bank of America Corp DE increased its position in shares of First Trust Indxx Global Natural Resources Income ETF by 86.2% in the 3rd quarter. Bank of America Corp DE now owns 196,911 shares of the company’s stock worth $2,992,000 after purchasing an additional 91,175 shares during the last quarter. Flow Traders U.S. LLC increased its position in shares of First Trust Indxx Global Natural Resources Income ETF by 65.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 142,937 shares of the company’s stock worth $2,172,000 after purchasing an additional 56,640 shares during the last quarter. Security National Bank raised its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 10,845.2% in the 4th quarter. Security National Bank now owns 43,343 shares of the company’s stock valued at $679,000 after purchasing an additional 42,947 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new stake in shares of First Trust Indxx Global Natural Resources Income ETF in the 3rd quarter valued at about $313,000.

About First Trust Indxx Global Natural Resources Income ETF

First Trust ISE Global Copper Index Fund is an exchange traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the ISE Global Copper Index. The ISE Global Copper Index is designed to provide the investors interested in tracking public companies, which are active in the copper mining industry based on analysis of revenue derived from the sale of copper. The issuers of the component securities of the index must be engaged in some aspect of the copper mining industry, such as copper mining, refining or exploration.