First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Short Interest Update

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 21,543 shares, an increase of 701.5% from the June 15th total of 2,688 shares. Based on an average daily volume of 52,401 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in IFV. Smith Moore & CO. increased its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 213.2% in the 4th quarter. Smith Moore & CO. now owns 28,426 shares of the company’s stock worth $706,000 after purchasing an additional 19,351 shares during the last quarter. UBS Group AG grew its stake in First Trust Dorsey Wright International Focus 5 ETF by 27.7% in the fourth quarter. UBS Group AG now owns 166,595 shares of the company’s stock worth $4,137,000 after purchasing an additional 36,171 shares in the last quarter. PFG Investments LLC increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 163.7% in the first quarter. PFG Investments LLC now owns 79,971 shares of the company’s stock valued at $2,021,000 after buying an additional 49,649 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 2.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 43,584 shares of the company’s stock valued at $1,082,000 after buying an additional 936 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 126.9% in the first quarter. Royal Bank of Canada now owns 28,681 shares of the company’s stock valued at $725,000 after buying an additional 16,040 shares during the last quarter.

First Trust Dorsey Wright International Focus 5 ETF Stock Down 0.0%

IFV stock opened at $25.93 on Monday. The stock’s 50 day moving average is $27.44 and its two-hundred day moving average is $26.67. First Trust Dorsey Wright International Focus 5 ETF has a 52-week low of $22.58 and a 52-week high of $28.70. The company has a market capitalization of $238.56 million, a PE ratio of 13.24 and a beta of 0.75.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.2505 dividend. This is a boost from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Thursday, June 25th.

First Trust Dorsey Wright International Focus 5 ETF Company Profile

The First Trust Dorsey Wright International Focus 5 ETF (IFV) is an exchange-traded fund that mostly invests in total market equity. The fund is an ETF-of-ETFs that tracks a momentum-driven, country\u002Fregion rotation index of international equities. The index is equal-weighted. IFV was launched on Jul 22, 2014 and is managed by First Trust.