First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Short Interest Down 66.7% in December

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 300 shares, a drop of 66.7% from the November 30th total of 900 shares. Based on an average trading volume of 33,000 shares, the short-interest ratio is currently 0.0 days.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

IFV traded up $0.14 during trading on Thursday, reaching $19.39. The company’s stock had a trading volume of 20,845 shares, compared to its average volume of 25,528. The company’s fifty day moving average price is $19.77 and its 200-day moving average price is $20.04. First Trust Dorsey Wright International Focus 5 ETF has a 52-week low of $18.48 and a 52-week high of $21.38. The company has a market capitalization of $177.42 million, a price-to-earnings 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 paid a $0.1872 dividend. The ex-dividend date is Friday, December 13th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of IFV. Northwestern Mutual Wealth Management Co. increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 83.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,455 shares of the company’s stock valued at $29,000 after buying an additional 663 shares in the last quarter. PFG Investments LLC grew its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 3.4% in the 3rd quarter. PFG Investments LLC now owns 28,551 shares of the company’s stock worth $601,000 after acquiring an additional 932 shares during the period. Pine Valley Investments Ltd Liability Co increased its stake in First Trust Dorsey Wright International Focus 5 ETF by 3.3% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 36,622 shares of the company’s stock valued at $771,000 after purchasing an additional 1,162 shares in the last quarter. Trueblood Wealth Management LLC raised its holdings in First Trust Dorsey Wright International Focus 5 ETF by 6.2% during the second quarter. Trueblood Wealth Management LLC now owns 46,787 shares of the company’s stock worth $920,000 after purchasing an additional 2,749 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its position in First Trust Dorsey Wright International Focus 5 ETF by 0.9% during the second quarter. Concurrent Investment Advisors LLC now owns 683,078 shares of the company’s stock worth $13,436,000 after purchasing an additional 6,135 shares in 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.