First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) Sees Large Decline in Short Interest

First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) saw a significant drop in short interest in February. As of February 15th, there was short interest totalling 300 shares, a drop of 88.5% from the January 31st total of 2,600 shares. Based on an average daily volume of 7,400 shares, the short-interest ratio is currently 0.0 days.

First Trust RiverFront Dynamic Developed International ETF Stock Down 1.1 %

First Trust RiverFront Dynamic Developed International ETF stock traded down $0.70 during midday trading on Thursday, hitting $65.60. 1,142 shares of the stock were exchanged, compared to its average volume of 6,420. First Trust RiverFront Dynamic Developed International ETF has a 52-week low of $60.25 and a 52-week high of $68.36. The business’s 50-day moving average price is $63.29 and its 200-day moving average price is $64.71. The stock has a market capitalization of $112.83 million, a price-to-earnings ratio of 12.50 and a beta of 0.94.

First Trust RiverFront Dynamic Developed International ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $1.1513 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Hedge Funds Weigh In On First Trust RiverFront Dynamic Developed International ETF

Several institutional investors have recently modified their holdings of the business. Flow Traders U.S. LLC boosted its position in First Trust RiverFront Dynamic Developed International ETF by 889.9% in the third quarter. Flow Traders U.S. LLC now owns 78,617 shares of the company’s stock worth $5,295,000 after purchasing an additional 70,675 shares during the last quarter. Cetera Investment Advisers increased its position in shares of First Trust RiverFront Dynamic Developed International ETF by 46.0% during the 4th quarter. Cetera Investment Advisers now owns 51,388 shares of the company’s stock valued at $3,158,000 after purchasing an additional 16,202 shares during the last quarter. Jane Street Group LLC raised its stake in shares of First Trust RiverFront Dynamic Developed International ETF by 143.3% during the 4th quarter. Jane Street Group LLC now owns 24,200 shares of the company’s stock worth $1,487,000 after purchasing an additional 14,253 shares during the period. Baird Financial Group Inc. boosted its holdings in shares of First Trust RiverFront Dynamic Developed International ETF by 4.9% in the 4th quarter. Baird Financial Group Inc. now owns 15,283 shares of the company’s stock worth $939,000 after buying an additional 707 shares during the last quarter. Finally, ERn Financial LLC grew its position in First Trust RiverFront Dynamic Developed International ETF by 3.8% during the fourth quarter. ERn Financial LLC now owns 14,497 shares of the company’s stock valued at $891,000 after buying an additional 524 shares during the period.

About First Trust RiverFront Dynamic Developed International ETF

The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an exchange-traded fund that is based on the FTSE Developed ex U.S. index. The fund is an actively-managed fund that seeks capital appreciation from developed-country stocks (excluding the US) selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio.