First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) Short Interest Up 354.3% in March

Posted by Jeff Wilder on Mar 27th, 2025

First Trust Dow Jones International Internet ETF (NASDAQ:FDNI – Get Free Report) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 111,300 shares, a growth of 354.3% from the February 28th total of 24,500 shares. Approximately 8.6% of the shares of the company are sold short. Based on an average daily trading volume, of 15,900 shares, the days-to-cover ratio is presently 7.0 days.

First Trust Dow Jones International Internet ETF Stock Down 1.2 %

FDNI opened at $31.84 on Thursday. First Trust Dow Jones International Internet ETF has a 52 week low of $21.81 and a 52 week high of $34.12. The business’s 50 day moving average is $31.09 and its two-hundred day moving average is $29.07. The firm has a market cap of $41.39 million, a price-to-earnings ratio of 22.95 and a beta of 0.80.

Hedge Funds Weigh In On First Trust Dow Jones International Internet ETF

A number of institutional investors have recently modified their holdings of FDNI. Flow Traders U.S. LLC purchased a new position in First Trust Dow Jones International Internet ETF during the 3rd quarter worth $233,000. Financial Engines Advisors L.L.C. acquired a new stake in shares of First Trust Dow Jones International Internet ETF during the fourth quarter worth about $315,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of First Trust Dow Jones International Internet ETF during the fourth quarter worth about $416,000. Jane Street Group LLC acquired a new position in First Trust Dow Jones International Internet ETF in the 3rd quarter valued at about $634,000. Finally, OLD Mission Capital LLC raised its stake in First Trust Dow Jones International Internet ETF by 370.8% during the 4th quarter. OLD Mission Capital LLC now owns 61,431 shares of the company’s stock valued at $1,676,000 after acquiring an additional 48,382 shares during the last quarter.

First Trust Dow Jones International Internet ETF Company Profile

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The First Trust Dow Jones International Internet ETF (FDNI) is an exchange-traded fund that is based on the Dow Jones International Internet index, a market-cap-weighted index that holds a concentrated portfolio of the largest internet services and commerce companies outside of the US. FDNI was launched on Nov 5, 2018 and is managed by First Trust.