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 August. As of August 31st, there was short interest totaling 5,670 shares, an increase of 104.6% from the August 15th total of 2,771 shares. Based on an average daily trading volume, of 51,310 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

First Trust Dorsey Wright International Focus 5 ETF Trading Down 2.0%

NASDAQ IFV traded down $0.52 on Monday, reaching $25.50. 12,064 shares of the stock were exchanged, compared to its average volume of 55,706. First Trust Dorsey Wright International Focus 5 ETF has a one year low of $23.19 and a one year high of $28.70. The firm has a market capitalization of $229.50 million, a PE ratio of 13.24 and a beta of 0.76. The company’s 50-day simple moving average is $25.88 and its two-hundred day simple moving average is $26.54.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of IFV. Concurrent Investment Advisors LLC purchased a new stake in First Trust Dorsey Wright International Focus 5 ETF in the 2nd quarter worth $32,723,000. NewEdge Advisors LLC increased its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 50.3% in the first quarter. NewEdge Advisors LLC now owns 782,569 shares of the company’s stock worth $19,776,000 after purchasing an additional 261,757 shares during the last quarter. PFG Investments LLC increased its holdings in shares of 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 worth $2,021,000 after purchasing an additional 49,649 shares during the last quarter. UBS Group AG lifted its position in shares of 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 buying an additional 36,171 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 9.4% in the first quarter. Bank of America Corp DE now owns 314,659 shares of the company’s stock worth $7,951,000 after buying an additional 26,919 shares in the last quarter.

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.