Short Interest in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Grows By 158.5%

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 10,600 shares, an increase of 158.5% from the September 15th total of 4,100 shares. Based on an average daily trading volume, of 80,300 shares, the days-to-cover ratio is currently 0.1 days.

First Trust Indxx Global Natural Resources Income ETF Trading Up 0.7 %

FTRI stock traded up $0.09 on Friday, hitting $13.68. 31,260 shares of the company’s stock traded hands, compared to its average volume of 85,021. The stock has a market cap of $140.22 million, a price-to-earnings ratio of 6.13 and a beta of 0.94. First Trust Indxx Global Natural Resources Income ETF has a 1-year low of $11.94 and a 1-year high of $14.12. The stock has a fifty day moving average of $13.25 and a 200-day moving average of $13.35.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.1605 per share. This represents a $0.64 annualized dividend and a dividend yield of 4.69%. The ex-dividend date was Thursday, September 26th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in FTRI. Commonwealth Equity Services LLC lifted its position in shares of First Trust Indxx Global Natural Resources Income ETF by 1.0% in the second quarter. Commonwealth Equity Services LLC now owns 1,546,989 shares of the company’s stock worth $20,064,000 after purchasing an additional 14,568 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 14.0% during the 1st quarter. Jane Street Group LLC now owns 393,753 shares of the company’s stock valued at $5,227,000 after buying an additional 48,251 shares during the period. Global Assets Advisory LLC grew its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 737.4% during the 1st quarter. Global Assets Advisory LLC now owns 339,150 shares of the company’s stock valued at $4,501,000 after acquiring an additional 298,650 shares in the last quarter. Park National Corp OH grew its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 3.2% during the 2nd quarter. Park National Corp OH now owns 338,853 shares of the company’s stock valued at $4,395,000 after acquiring an additional 10,499 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 22.6% in the second quarter. Cetera Investment Advisers now owns 323,848 shares of the company’s stock worth $4,200,000 after acquiring an additional 59,761 shares during 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.