First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Sees Large Decline in Short Interest

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 300 shares, a decline of 94.6% from the January 31st total of 5,600 shares. Based on an average daily volume of 74,000 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On First Trust Dorsey Wright International Focus 5 ETF

A number of hedge funds have recently modified their holdings of the business. Citadel Advisors LLC acquired a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the fourth quarter worth $12,876,000. Bank of America Corp DE raised its stake in First Trust Dorsey Wright International Focus 5 ETF by 8.7% during the fourth quarter. Bank of America Corp DE now owns 187,853 shares of the company’s stock worth $3,601,000 after buying an additional 14,968 shares during the last quarter. Topsail Wealth Management LLC bought a new position in First Trust Dorsey Wright International Focus 5 ETF during the fourth quarter worth $130,000. NewEdge Advisors LLC raised its stake in First Trust Dorsey Wright International Focus 5 ETF by 3.3% during the fourth quarter. NewEdge Advisors LLC now owns 491,096 shares of the company’s stock worth $9,414,000 after buying an additional 15,697 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in First Trust Dorsey Wright International Focus 5 ETF during the fourth quarter worth $25,009,000.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

Shares of NASDAQ:IFV traded down $0.08 during mid-day trading on Friday, reaching $19.72. 14,286 shares of the company’s stock were exchanged, compared to its average volume of 91,769. The firm has a market capitalization of $130.15 million, a price-to-earnings ratio of 8.65 and a beta of 0.95. The business’s fifty day moving average price is $19.38 and its 200-day moving average price is $19.90. First Trust Dorsey Wright International Focus 5 ETF has a twelve month low of $18.48 and a twelve month high of $21.38.

First Trust Dorsey Wright International Focus 5 ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.1872 per share. The ex-dividend date was Friday, December 13th.

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.