First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Short Interest Up 113.3% in April

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 6,400 shares, a growth of 113.3% from the March 31st total of 3,000 shares. Based on an average daily trading volume, of 26,400 shares, the days-to-cover ratio is presently 0.2 days.

First Trust Dorsey Wright International Focus 5 ETF Stock Up 0.1 %

First Trust Dorsey Wright International Focus 5 ETF stock traded up $0.01 during mid-day trading on Friday, hitting $19.39. 13,404 shares of the company’s stock were exchanged, compared to its average volume of 29,224. The firm has a market capitalization of $189.05 million, a P/E ratio of 8.43 and a beta of 0.95. First Trust Dorsey Wright International Focus 5 ETF has a fifty-two week low of $16.99 and a fifty-two week high of $20.30. The company’s 50 day simple moving average is $19.70 and its 200-day simple moving average is $19.00.

First Trust Dorsey Wright International Focus 5 ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a dividend of $0.0733 per share. This represents a $0.29 annualized dividend and a yield of 1.51%. The ex-dividend date was Thursday, March 21st.

Institutional Trading of First Trust Dorsey Wright International Focus 5 ETF

Several hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Services Advisors Inc. raised its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 15.9% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 2,655,539 shares of the company’s stock valued at $47,109,000 after purchasing an additional 365,094 shares during the period. Kestra Advisory Services LLC increased its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 1,578.8% in the third quarter. Kestra Advisory Services LLC now owns 283,569 shares of the company’s stock valued at $5,031,000 after acquiring an additional 266,678 shares during the last quarter. PFG Investments LLC increased its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 228.7% in the fourth quarter. PFG Investments LLC now owns 92,873 shares of the company’s stock valued at $1,815,000 after acquiring an additional 64,621 shares during the last quarter. Trueblood Wealth Management LLC acquired a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF in the fourth quarter valued at about $862,000. Finally, UBS Group AG increased its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 20.2% in the third quarter. UBS Group AG now owns 180,256 shares of the company’s stock valued at $3,198,000 after acquiring an additional 30,301 shares during 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.