Short Interest in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Decreases By 55.6%

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) saw a significant decline in short interest in July. As of July 15th, there was short interest totalling 5,200 shares, a decline of 55.6% from the June 30th total of 11,700 shares. Based on an average daily volume of 69,500 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of First Trust Indxx Global Natural Resources Income ETF

Several large investors have recently modified their holdings of the business. Peterson Wealth Services purchased a new position in First Trust Indxx Global Natural Resources Income ETF in the fourth quarter valued at about $174,000. Janney Montgomery Scott LLC raised its position in shares of First Trust Indxx Global Natural Resources Income ETF by 4.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 24,367 shares of the company’s stock valued at $323,000 after purchasing an additional 1,093 shares in the last quarter. Clarus Wealth Advisors purchased a new position in shares of First Trust Indxx Global Natural Resources Income ETF during the 1st quarter valued at approximately $371,000. International Assets Investment Management LLC acquired a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the fourth quarter worth approximately $424,000. Finally, Global Assets Advisory LLC increased its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 12.5% in the fourth quarter. Global Assets Advisory LLC now owns 40,500 shares of the company’s stock worth $527,000 after buying an additional 4,500 shares during the last quarter.

First Trust Indxx Global Natural Resources Income ETF Price Performance

NASDAQ FTRI traded up $0.12 on Friday, reaching $13.28. The company had a trading volume of 81,735 shares, compared to its average volume of 89,148. First Trust Indxx Global Natural Resources Income ETF has a 1 year low of $11.94 and a 1 year high of $14.12. The firm has a 50-day moving average of $13.33 and a 200-day moving average of $13.07. The firm has a market capitalization of $169.32 million, a PE ratio of 6.13 and a beta of 0.94.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a dividend of $0.1896 per share. This represents a $0.76 dividend on an annualized basis and a yield of 5.71%. This is a positive change from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Thursday, June 27th.

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.