Short Interest in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Rises By 760.0%

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 8,600 shares, a growth of 760.0% from the January 31st total of 1,000 shares. Based on an average daily volume of 63,500 shares, the days-to-cover ratio is currently 0.1 days.

First Trust Indxx Global Natural Resources Income ETF Trading Down 0.6 %

Shares of NASDAQ:FTRI traded down $0.07 on Friday, reaching $12.41. The company had a trading volume of 5,203 shares, compared to its average volume of 48,146. First Trust Indxx Global Natural Resources Income ETF has a 52-week low of $11.79 and a 52-week high of $14.12. The firm’s 50 day simple moving average is $12.48 and its 200-day simple moving average is $12.93. The firm has a market capitalization of $103.01 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 dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.1047 per share. The ex-dividend date of this dividend was Friday, December 13th. This is an increase from First Trust Indxx Global Natural Resources Income ETF’s previous dividend of $0.06.

Institutional Trading of First Trust Indxx Global Natural Resources Income ETF

A number of hedge funds have recently modified their holdings of FTRI. Focus Financial Network Inc. increased its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 7.6% in the third quarter. Focus Financial Network Inc. now owns 15,912 shares of the company’s stock valued at $215,000 after purchasing an additional 1,127 shares during the last quarter. CreativeOne Wealth LLC purchased a new position in First Trust Indxx Global Natural Resources Income ETF in the third quarter valued at $621,000. Flow Traders U.S. LLC acquired a new stake in First Trust Indxx Global Natural Resources Income ETF in the third quarter valued at $451,000. Columbia Advisory Partners LLC raised its stake in First Trust Indxx Global Natural Resources Income ETF by 6.6% in the fourth quarter. Columbia Advisory Partners LLC now owns 29,642 shares of the company’s stock valued at $356,000 after buying an additional 1,836 shares in the last quarter. Finally, Koshinski Asset Management Inc. increased its position in shares of First Trust Indxx Global Natural Resources Income ETF by 3.2% during the fourth quarter. Koshinski Asset Management Inc. now owns 29,131 shares of the company’s stock worth $350,000 after purchasing an additional 914 shares in the last quarter.

First Trust Indxx Global Natural Resources Income ETF Company Profile

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.