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 recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 89,365 shares, a growth of 296.6% from the November 30th total of 22,533 shares. Currently, 1.4% of the shares of the company are sold short. Based on an average daily trading volume, of 32,746 shares, the days-to-cover ratio is currently 2.7 days. Based on an average daily trading volume, of 32,746 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.4% of the shares of the company are sold short.

Institutional Investors Weigh In On First Trust Indxx Global Natural Resources Income ETF

Institutional investors have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC lifted its position in shares of First Trust Indxx Global Natural Resources Income ETF by 65.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 142,937 shares of the company’s stock worth $2,172,000 after acquiring an additional 56,640 shares during the period. Citadel Advisors LLC acquired a new position in shares of First Trust Indxx Global Natural Resources Income ETF in the third quarter valued at $313,000. Bank of America Corp DE lifted its position in First Trust Indxx Global Natural Resources Income ETF by 86.2% in the third quarter. Bank of America Corp DE now owns 196,911 shares of the company’s stock worth $2,992,000 after purchasing an additional 91,175 shares during the period. US Bancorp DE lifted its position in First Trust Indxx Global Natural Resources Income ETF by 12,108.5% in the third quarter. US Bancorp DE now owns 65,926 shares of the company’s stock worth $1,002,000 after purchasing an additional 65,386 shares during the period. Finally, UMB Bank n.a. acquired a new stake in First Trust Indxx Global Natural Resources Income ETF during the third quarter worth $253,000.

First Trust Indxx Global Natural Resources Income ETF Stock Up 0.6%

Shares of FTRI stock traded up $0.10 during trading hours on Friday, reaching $15.97. 34,338 shares of the company’s stock were exchanged, compared to its average volume of 44,014. First Trust Indxx Global Natural Resources Income ETF has a fifty-two week low of $11.39 and a fifty-two week high of $16.02. The stock has a market capitalization of $105.40 million, a P/E ratio of 15.66 and a beta of 0.79. The business has a fifty day moving average price of $15.19 and a 200-day moving average price of $14.89.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be issued a dividend of $0.1115 per share. This represents a $0.45 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, December 12th. This is a positive change from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.08.

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. The issuers of the component securities of the index must be engaged in some aspect of the copper mining industry, such as copper mining, refining or exploration.