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

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 400 shares, a drop of 98.9% from the August 15th total of 37,700 shares. Based on an average daily trading volume, of 83,400 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of First Trust Dorsey Wright International Focus 5 ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IFV. Bank of Montreal Can acquired a new position in First Trust Dorsey Wright International Focus 5 ETF during the 2nd quarter worth approximately $37,000. Credit Suisse AG acquired a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the 2nd quarter valued at $107,000. Steward Partners Investment Advisory LLC acquired a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the 1st quarter valued at $116,000. Cetera Investment Advisers acquired a new stake in First Trust Dorsey Wright International Focus 5 ETF during the 4th quarter worth about $170,000. Finally, Envestnet Asset Management Inc. acquired a new stake in First Trust Dorsey Wright International Focus 5 ETF during the 3rd quarter worth about $226,000.

First Trust Dorsey Wright International Focus 5 ETF Stock Down 0.8 %

NASDAQ:IFV opened at $18.25 on Thursday. The company has a market capitalization of $257.33 million, a PE ratio of 7.96 and a beta of 0.95. First Trust Dorsey Wright International Focus 5 ETF has a 52-week low of $15.52 and a 52-week high of $18.91. The stock has a fifty day simple moving average of $18.27 and a 200-day simple moving average of $17.95.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Wednesday, June 28th were paid a $0.3081 dividend. This is an increase from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Tuesday, June 27th. This represents a $1.23 annualized dividend and a yield of 6.75%.

First Trust Dorsey Wright International Focus 5 ETF Company Profile

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.