First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Short Interest Update

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 900 shares, a drop of 90.6% from the November 15th total of 9,600 shares. Based on an average daily trading volume, of 20,700 shares, the short-interest ratio is currently 0.0 days.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

Shares of First Trust Dorsey Wright International Focus 5 ETF stock traded up $0.14 during trading hours on Wednesday, hitting $20.06. 28,835 shares of the company’s stock traded hands, compared to its average volume of 22,891. The company has a fifty day simple moving average of $20.05 and a 200-day simple moving average of $20.09. The stock has a market capitalization of $183.55 million, a price-to-earnings ratio of 8.65 and a beta of 0.95. First Trust Dorsey Wright International Focus 5 ETF has a 12-month low of $18.48 and a 12-month high of $21.38.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.0337 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.13 annualized dividend and a yield of 0.67%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Jane Street Group LLC boosted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 760.1% in the third quarter. Jane Street Group LLC now owns 131,101 shares of the company’s stock worth $2,759,000 after acquiring an additional 115,859 shares during the period. Sanctuary Advisors LLC bought a new position in First Trust Dorsey Wright International Focus 5 ETF in the 2nd quarter worth about $294,000. Concurrent Investment Advisors LLC grew its holdings in First Trust Dorsey Wright International Focus 5 ETF by 2.1% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 697,452 shares of the company’s stock valued at $14,676,000 after buying an additional 14,374 shares in the last quarter. MML Investors Services LLC increased its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 34.5% during the third quarter. MML Investors Services LLC now owns 45,640 shares of the company’s stock valued at $960,000 after buying an additional 11,697 shares during the period. Finally, Trueblood Wealth Management LLC lifted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 6.2% in the second quarter. Trueblood Wealth Management LLC now owns 46,787 shares of the company’s stock worth $920,000 after buying an additional 2,749 shares in the last quarter.

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.