First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Short Interest Update

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 10,200 shares, a drop of 72.5% from the December 31st total of 37,100 shares. Based on an average daily trading volume, of 55,500 shares, the short-interest ratio is presently 0.2 days.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

FTRI stock traded up $0.09 during mid-day trading on Wednesday, hitting $12.59. The company had a trading volume of 13,882 shares, compared to its average volume of 64,166. The firm has a market cap of $104.50 million, a PE ratio of 6.13 and a beta of 0.94. First Trust Indxx Global Natural Resources Income ETF has a 12 month low of $11.79 and a 12 month high of $14.12. The stock’s fifty day moving average price is $12.55 and its two-hundred day moving average price is $13.00.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.1047 dividend. The ex-dividend date was Friday, December 13th. This is a boost from First Trust Indxx Global Natural Resources Income ETF’s previous dividend of $0.06.

Hedge Funds Weigh In On First Trust Indxx Global Natural Resources Income ETF

Several institutional investors have recently bought and sold shares of FTRI. Cherry Creek Investment Advisors Inc. bought a new stake in shares of First Trust Indxx Global Natural Resources Income ETF in the third quarter valued at $195,000. Focus Financial Network Inc. grew its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 10.9% during the 4th quarter. Focus Financial Network Inc. now owns 17,642 shares of the company’s stock worth $212,000 after acquiring an additional 1,730 shares during the period. Global Assets Advisory LLC purchased a new stake in First Trust Indxx Global Natural Resources Income ETF in the 3rd quarter worth about $260,000. Koshinski Asset Management Inc. raised its stake in First Trust Indxx Global Natural Resources Income ETF by 3.2% in the 4th quarter. Koshinski Asset Management Inc. now owns 29,131 shares of the company’s stock valued at $350,000 after acquiring an additional 914 shares during the period. Finally, Columbia Advisory Partners LLC lifted its holdings in First Trust Indxx Global Natural Resources Income ETF by 6.6% during the fourth quarter. Columbia Advisory Partners LLC now owns 29,642 shares of the company’s stock valued at $356,000 after purchasing an additional 1,836 shares during the last quarter.

About First Trust Indxx Global Natural Resources Income ETF

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.