Short Interest in First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) Declines By 88.5%

First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 300 shares, a decrease of 88.5% from the January 31st total of 2,600 shares. Based on an average trading volume of 7,400 shares, the days-to-cover ratio is currently 0.0 days.

First Trust RiverFront Dynamic Developed International ETF Trading Up 0.1 %

RFDI stock traded up $0.05 during midday trading on Friday, hitting $65.65. The company’s stock had a trading volume of 3,637 shares, compared to its average volume of 6,347. The company has a market cap of $112.92 million, a PE ratio of 12.50 and a beta of 0.94. First Trust RiverFront Dynamic Developed International ETF has a 12 month low of $60.25 and a 12 month high of $68.36. The firm’s 50-day moving average is $63.49 and its 200-day moving average is $64.73.

First Trust RiverFront Dynamic Developed International ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $1.1513 per share. The ex-dividend date of this dividend was Friday, December 13th.

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

A number of hedge funds have recently added to or reduced their stakes in RFDI. Armis Advisers LLC purchased a new stake in First Trust RiverFront Dynamic Developed International ETF during the 4th quarter valued at $245,000. GAMMA Investing LLC raised its stake in First Trust RiverFront Dynamic Developed International ETF by 18.6% during the 4th quarter. GAMMA Investing LLC now owns 5,430 shares of the company’s stock valued at $334,000 after buying an additional 852 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in First Trust RiverFront Dynamic Developed International ETF during the 4th quarter valued at $733,000. ERn Financial LLC raised its stake in First Trust RiverFront Dynamic Developed International ETF by 3.8% during the 4th quarter. ERn Financial LLC now owns 14,497 shares of the company’s stock valued at $891,000 after buying an additional 524 shares during the last quarter. Finally, Baird Financial Group Inc. increased its stake in shares of First Trust RiverFront Dynamic Developed International ETF by 4.9% in the 4th quarter. Baird Financial Group Inc. now owns 15,283 shares of the company’s stock worth $939,000 after purchasing an additional 707 shares in the last quarter.

About First Trust RiverFront Dynamic Developed International ETF

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.