First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) Short Interest Update

First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 2,300 shares, anincreaseof155.6% from the July 31st total of 900 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is currently 0.7 days.

First Trust RiverFront Dynamic Developed International ETF Stock Performance

Shares of First Trust RiverFront Dynamic Developed International ETF stock opened at $75.05 on Thursday. First Trust RiverFront Dynamic Developed International ETF has a one year low of $58.54 and a one year high of $77.28. The company has a market cap of $125.33 million, a P/E ratio of 12.09 and a beta of 0.94. The firm has a fifty day moving average of $74.05 and a two-hundred day moving average of $70.30.

First Trust RiverFront Dynamic Developed International ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were paid a dividend of $1.0976 per share. This is a boost from First Trust RiverFront Dynamic Developed International ETF’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $4.39 dividend on an annualized basis and a dividend yield of 5.8%.

Hedge Funds Weigh In On First Trust RiverFront Dynamic Developed International ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Envestnet Asset Management Inc. increased its holdings in First Trust RiverFront Dynamic Developed International ETF by 16.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 132,871 shares of the company’s stock valued at $8,833,000 after acquiring an additional 18,325 shares in the last quarter. Jane Street Group LLC increased its holdings in First Trust RiverFront Dynamic Developed International ETF by 143.3% during the 4th quarter. Jane Street Group LLC now owns 24,200 shares of the company’s stock valued at $1,487,000 after acquiring an additional 14,253 shares in the last quarter. Raymond James Financial Inc. purchased a new position in First Trust RiverFront Dynamic Developed International ETF during the 4th quarter valued at about $733,000. Walkner Condon Financial Advisors LLC increased its holdings in First Trust RiverFront Dynamic Developed International ETF by 9.1% during the 1st quarter. Walkner Condon Financial Advisors LLC now owns 6,135 shares of the company’s stock valued at $408,000 after acquiring an additional 511 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in First Trust RiverFront Dynamic Developed International ETF by 54.0% during the 1st quarter. Cetera Investment Advisers now owns 79,138 shares of the company’s stock valued at $5,261,000 after acquiring an additional 27,750 shares in the last quarter.

First Trust RiverFront Dynamic Developed International ETF Company Profile

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.