First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Sees Large Drop in Short Interest

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 22,000 shares, a decrease of 85.4% from the February 13th total of 151,200 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 125,500 shares, the short-interest ratio is currently 0.2 days.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ:FV traded up $0.15 during midday trading on Wednesday, reaching $54.92. The company’s stock had a trading volume of 106,456 shares, compared to its average volume of 136,257. The business’s fifty day simple moving average is $60.38 and its 200-day simple moving average is $59.42. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $49.73 and a fifty-two week high of $63.09. The company has a market capitalization of $3.54 billion, a P/E ratio of 18.21 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.0386 dividend. The ex-dividend date was Friday, December 13th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Assetmark Inc. lifted its position in First Trust Dorsey Wright Focus 5 ETF by 6.2% during the 3rd quarter. Assetmark Inc. now owns 3,828 shares of the company’s stock valued at $223,000 after purchasing an additional 224 shares during the period. Tyler Stone Wealth Management lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 100.0% in the third quarter. Tyler Stone Wealth Management now owns 4,882 shares of the company’s stock valued at $284,000 after buying an additional 2,441 shares during the period. Nations Financial Group Inc. IA ADV boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.2% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 9,450 shares of the company’s stock worth $551,000 after purchasing an additional 204 shares during the last quarter. Proactive Wealth Strategies LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter worth $16,958,000. Finally, Aptus Capital Advisors LLC increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 21.7% in the third quarter. Aptus Capital Advisors LLC now owns 2,179 shares of the company’s stock valued at $127,000 after purchasing an additional 389 shares during the last quarter.

About First Trust Dorsey Wright Focus 5 ETF

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.