First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Short Interest Down 72.5% in December

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 10,200 shares, a decline of 72.5% from the December 15th total of 37,100 shares. Based on an average daily trading volume, of 55,500 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On First Trust Indxx Global Natural Resources Income ETF

Several hedge funds and other institutional investors have recently made changes to their positions in FTRI. Columbia Advisory Partners LLC raised its holdings in First Trust Indxx Global Natural Resources Income ETF by 6.6% during the fourth quarter. Columbia Advisory Partners LLC now owns 29,642 shares of the company’s stock worth $356,000 after purchasing an additional 1,836 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in First Trust Indxx Global Natural Resources Income ETF during the third quarter worth approximately $451,000. CreativeOne Wealth LLC bought a new stake in First Trust Indxx Global Natural Resources Income ETF during the third quarter worth approximately $621,000. Focus Financial Network Inc. raised its holdings in First Trust Indxx Global Natural Resources Income ETF by 7.6% during the third quarter. Focus Financial Network Inc. now owns 15,912 shares of the company’s stock worth $215,000 after purchasing an additional 1,127 shares in the last quarter. Finally, Global Assets Advisory LLC bought a new stake in First Trust Indxx Global Natural Resources Income ETF during the third quarter worth approximately $260,000.

First Trust Indxx Global Natural Resources Income ETF Price Performance

Shares of NASDAQ FTRI traded up $0.10 during midday trading on Tuesday, hitting $12.53. 171,759 shares of the company’s stock were exchanged, compared to its average volume of 83,382. The stock’s 50 day moving average price is $12.62 and its 200-day moving average price is $13.04. The firm has a market cap of $104.00 million, a P/E ratio of 6.13 and a beta of 0.94. First Trust Indxx Global Natural Resources Income ETF has a twelve month low of $11.79 and a twelve month high of $14.12.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.1047 per share. The ex-dividend date was Friday, December 13th. This is an increase from First Trust Indxx Global Natural Resources Income ETF’s previous dividend of $0.06.

First Trust Indxx Global Natural Resources Income ETF Company Profile

First Trust ISE Global Copper Index Fund is an exchange traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the ISE Global Copper Index. The ISE Global Copper Index is designed to provide the investors interested in tracking public companies, which are active in the copper mining industry based on analysis of revenue derived from the sale of copper.