Short Interest in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Declines By 72.2%

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totalling 500 shares, a drop of 72.2% from the June 15th total of 1,800 shares. Based on an average daily trading volume, of 19,900 shares, the short-interest ratio is currently 0.0 days.

First Trust Dorsey Wright International Focus 5 ETF Trading Up 0.1 %

NASDAQ:IFV traded up $0.02 during midday trading on Thursday, reaching $20.09. The company had a trading volume of 17,676 shares, compared to its average volume of 24,942. The firm has a market capitalization of $190.86 million, a price-to-earnings ratio of 8.65 and a beta of 0.95. The stock’s fifty day simple moving average is $19.85 and its 200-day simple moving average is $19.63. First Trust Dorsey Wright International Focus 5 ETF has a 12-month low of $16.99 and a 12-month high of $20.30.

First Trust Dorsey Wright International Focus 5 ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a $0.1495 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date was Thursday, June 27th.

Institutional Trading of First Trust Dorsey Wright International Focus 5 ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC acquired a new stake in First Trust Dorsey Wright International Focus 5 ETF in the second quarter valued at $87,000. SageView Advisory Group LLC acquired a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF during the first quarter worth about $99,000. &PARTNERS acquired a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF during the first quarter worth about $278,000. Private Advisor Group LLC increased its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 4.9% during the fourth quarter. Private Advisor Group LLC now owns 14,216 shares of the company’s stock worth $278,000 after purchasing an additional 661 shares in the last quarter. Finally, Trueblood Wealth Management LLC acquired a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF during the fourth quarter worth about $862,000.

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.