First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Short Interest Up 34.9% in February

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 11,600 shares, an increase of 34.9% from the February 13th total of 8,600 shares. Based on an average daily volume of 67,300 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Trading of First Trust Indxx Global Natural Resources Income ETF

A number of hedge funds have recently added to or reduced their stakes in FTRI. Ameriflex Group Inc. purchased a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the fourth quarter valued at about $34,000. FSB Premier Wealth Management Inc. purchased a new position in shares of First Trust Indxx Global Natural Resources Income ETF in the 4th quarter valued at approximately $146,000. Atria Wealth Solutions Inc. purchased a new position in shares of First Trust Indxx Global Natural Resources Income ETF in the 4th quarter valued at approximately $171,000. Walkner Condon Financial Advisors LLC raised its position in shares of First Trust Indxx Global Natural Resources Income ETF by 6.3% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 17,429 shares of the company’s stock valued at $210,000 after purchasing an additional 1,037 shares during the last quarter. Finally, Focus Financial Network Inc. raised its position in shares of First Trust Indxx Global Natural Resources Income ETF by 10.9% in the 4th quarter. Focus Financial Network Inc. now owns 17,642 shares of the company’s stock valued at $212,000 after purchasing an additional 1,730 shares during the last quarter.

First Trust Indxx Global Natural Resources Income ETF Trading Up 1.7 %

Shares of NASDAQ FTRI traded up $0.22 during mid-day trading on Monday, reaching $13.15. The company had a trading volume of 53,246 shares, compared to its average volume of 65,175. The business’s 50-day moving average is $12.59 and its 200-day moving average is $12.86. The stock has a market cap of $109.15 million, a price-to-earnings ratio of 12.80 and a beta of 0.94. First Trust Indxx Global Natural Resources Income ETF has a 52 week low of $11.79 and a 52 week high of $14.12.

About First Trust Indxx Global Natural Resources Income ETF

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.