Short Interest in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Declines By 90.6%

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 900 shares, a drop of 90.6% from the November 15th total of 9,600 shares. Based on an average daily trading volume, of 20,700 shares, the short-interest ratio is currently 0.0 days.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

IFV stock remained flat at $19.65 during midday trading on Friday. The company had a trading volume of 25,447 shares, compared to its average volume of 22,900. The business has a fifty day moving average of $20.00 and a 200-day moving average of $20.08. First Trust Dorsey Wright International Focus 5 ETF has a 12-month low of $18.48 and a 12-month high of $21.38. The stock has a market cap of $179.79 million, a P/E ratio of 8.65 and a beta of 0.95.

First Trust Dorsey Wright International Focus 5 ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a $0.1872 dividend. The ex-dividend date is Friday, December 13th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 83.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,455 shares of the company’s stock worth $29,000 after buying an additional 663 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the second quarter valued at $294,000. PFG Investments LLC boosted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 3.4% in the third quarter. PFG Investments LLC now owns 28,551 shares of the company’s stock valued at $601,000 after acquiring an additional 932 shares during the last quarter. Pine Valley Investments Ltd Liability Co increased its position in First Trust Dorsey Wright International Focus 5 ETF by 3.3% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 36,622 shares of the company’s stock worth $771,000 after purchasing an additional 1,162 shares during the period. Finally, MML Investors Services LLC raised its holdings in First Trust Dorsey Wright International Focus 5 ETF by 34.5% during the 3rd quarter. MML Investors Services LLC now owns 45,640 shares of the company’s stock worth $960,000 after purchasing an additional 11,697 shares during the last quarter.

About First Trust Dorsey Wright International Focus 5 ETF

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.