First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Short Interest Update

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 9,600 shares, a drop of 67.6% from the October 31st total of 29,600 shares. Based on an average daily volume of 21,200 shares, the short-interest ratio is currently 0.5 days.

First Trust Dorsey Wright International Focus 5 ETF Stock Up 0.6 %

NASDAQ IFV traded up $0.12 on Wednesday, reaching $19.62. The company had a trading volume of 13,924 shares, compared to its average volume of 23,047. First Trust Dorsey Wright International Focus 5 ETF has a 52 week low of $18.42 and a 52 week high of $21.38. The stock’s 50 day moving average is $20.25 and its 200-day moving average is $20.09. The stock has a market cap of $179.48 million, a price-to-earnings ratio of 8.65 and a beta of 0.95.

First Trust Dorsey Wright International Focus 5 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.0337 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.13 dividend on an annualized basis and a dividend yield of 0.69%.

Institutional Trading of First Trust Dorsey Wright International Focus 5 ETF

Hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 83.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,455 shares of the company’s stock worth $29,000 after acquiring an additional 663 shares in the last quarter. GAMMA Investing LLC bought a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the 2nd quarter valued at about $87,000. Sanctuary Advisors LLC bought a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the 2nd quarter valued at about $294,000. PFG Investments LLC grew its position 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 valued at $601,000 after purchasing an additional 932 shares during the period. Finally, Pine Valley Investments Ltd Liability Co increased its stake in First Trust Dorsey Wright International Focus 5 ETF by 3.3% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 36,622 shares of the company’s stock worth $771,000 after purchasing an additional 1,162 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.