First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Short Interest Up 81.2% in January

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 94,600 shares, a growth of 81.2% from the January 15th total of 52,200 shares. Based on an average daily volume of 104,700 shares, the short-interest ratio is currently 0.9 days.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of First Trust Dorsey Wright Focus 5 ETF stock traded up $0.10 during trading hours on Friday, hitting $62.53. 60,358 shares of the company’s stock traded hands, compared to its average volume of 117,462. The company has a fifty day simple moving average of $60.93 and a 200-day simple moving average of $58.85. The stock has a market capitalization of $4.03 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $49.73 and a 12-month high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.0386 per share. The ex-dividend date was Friday, December 13th.

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

A number of large investors have recently made changes to their positions in FV. Farther Finance Advisors LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at approximately $175,000. Fisher Asset Management LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at about $264,000. Avior Wealth Management LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 40.1% in the third quarter. Avior Wealth Management LLC now owns 2,311 shares of the company’s stock worth $135,000 after acquiring an additional 661 shares during the period. Benjamin Edwards Inc. increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 5,608.3% during the third quarter. Benjamin Edwards Inc. now owns 20,607 shares of the company’s stock valued at $1,201,000 after buying an additional 20,246 shares during the period. Finally, Garden State Investment Advisory Services LLC lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 2.1% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 35,845 shares of the company’s stock valued at $2,089,000 after purchasing an additional 724 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Company Profile

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.