First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) Short Interest Update

Posted by Amy Steele on Oct 17th, 2024

First Trust Dow Jones International Internet ETF (NASDAQ:FDNI – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 29,200 shares, a growth of 7.4% from the September 15th total of 27,200 shares. Based on an average daily trading volume, of 7,600 shares, the short-interest ratio is presently 3.8 days.

First Trust Dow Jones International Internet ETF Stock Performance

NASDAQ FDNI traded down $0.53 during mid-day trading on Thursday, reaching $27.88. 4,286 shares of the stock were exchanged, compared to its average volume of 5,189. The stock has a market capitalization of $39.03 million, a PE ratio of 25.42 and a beta of 0.80. First Trust Dow Jones International Internet ETF has a 1-year low of $19.11 and a 1-year high of $31.34. The business’s fifty day simple moving average is $26.03 and its 200 day simple moving average is $24.52.

Institutional Investors Weigh In On First Trust Dow Jones International Internet ETF

An institutional investor recently raised its position in First Trust Dow Jones International Internet ETF stock. Integrated Advisors Network LLC raised its holdings in First Trust Dow Jones International Internet ETF (NASDAQ:FDNI – Free Report) by 2.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,079 shares of the company’s stock after buying an additional 632 shares during the quarter. Integrated Advisors Network LLC owned approximately 2.17% of First Trust Dow Jones International Internet ETF worth $587,000 at the end of the most recent quarter.

First Trust Dow Jones International Internet ETF Company Profile

(Get Free Report)

The First Trust Dow Jones International Internet ETF (FDNI) is an exchange-traded fund that is based on the Dow Jones International Internet index, a market-cap-weighted index that holds a concentrated portfolio of the largest internet services and commerce companies outside of the US. FDNI was launched on Nov 5, 2018 and is managed by First Trust.