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

First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 800 shares, a growth of 166.7% from the November 30th total of 300 shares. Based on an average daily trading volume, of 5,600 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On First Trust RiverFront Dynamic Developed International ETF

Large investors have recently bought and sold shares of the business. Flow Traders U.S. LLC boosted its position in First Trust RiverFront Dynamic Developed International ETF by 889.9% during 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 period. Benjamin Edwards Inc. acquired a new stake in shares of First Trust RiverFront Dynamic Developed International ETF in the third quarter worth $949,000. Cetera Investment Advisers boosted its holdings in shares of First Trust RiverFront Dynamic Developed International ETF by 274.0% during the 2nd quarter. Cetera Investment Advisers now owns 18,625 shares of the company’s stock worth $1,185,000 after buying an additional 13,645 shares during the period. Envestnet Asset Management Inc. raised its holdings in First Trust RiverFront Dynamic Developed International ETF by 9.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 130,963 shares of the company’s stock worth $8,333,000 after acquiring an additional 11,013 shares during the period. Finally, Strategic Equity Management acquired a new position in First Trust RiverFront Dynamic Developed International ETF during the 2nd quarter worth $333,000.

First Trust RiverFront Dynamic Developed International ETF Price Performance

RFDI traded up $0.01 during midday trading on Friday, hitting $61.57. 3,077 shares of the company’s stock traded hands, compared to its average volume of 4,075. The company has a market cap of $115.14 million, a PE ratio of 10.90 and a beta of 0.94. First Trust RiverFront Dynamic Developed International ETF has a one year low of $59.82 and a one year high of $68.36. The stock’s fifty day simple moving average is $63.50 and its 200-day simple moving average is $65.04.

First Trust RiverFront Dynamic Developed International ETF Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a $1.1513 dividend. The ex-dividend date is Friday, December 13th.

First Trust RiverFront Dynamic Developed International ETF Company Profile

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.