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

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 5,600 shares, an increase of 1,300.0% from the January 15th total of 400 shares. Based on an average daily volume of 74,100 shares, the days-to-cover ratio is currently 0.1 days.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

IFV traded up $0.08 during midday trading on Wednesday, reaching $19.76. 20,806 shares of the company were exchanged, compared to its average volume of 119,431. The stock has a market capitalization of $130.42 million, a P/E ratio of 8.65 and a beta of 0.95. The stock’s 50-day simple moving average is $19.35 and its 200 day simple moving average is $19.88. First Trust Dorsey Wright International Focus 5 ETF has a one year low of $18.48 and a one year high of $21.38.

First Trust Dorsey Wright International Focus 5 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.1872 per share. The ex-dividend date was Friday, December 13th.

Hedge Funds Weigh In On First Trust Dorsey Wright International Focus 5 ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. LPL Financial LLC boosted its position in First Trust Dorsey Wright International Focus 5 ETF by 1.7% during the fourth quarter. LPL Financial LLC now owns 423,832 shares of the company’s stock worth $8,125,000 after purchasing an additional 6,985 shares during the period. Kiker Wealth Management LLC bought a new position in First Trust Dorsey Wright International Focus 5 ETF during the 4th quarter worth $1,156,000. Commonwealth Equity Services LLC increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 2.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 76,783 shares of the company’s stock valued at $1,472,000 after buying an additional 1,750 shares during the period. Cushing Capital Partners LLC acquired a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the 4th quarter valued at approximately $406,000. Finally, Raymond James Financial Inc. bought a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the 4th quarter valued at $25,009,000.

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.