First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Sees Large Increase in Short Interest

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 23,800 shares, a growth of 296.7% from the August 31st total of 6,000 shares. Based on an average daily trading volume, of 40,600 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 40,600 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of First Trust Indxx Global Natural Resources Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. bought a new position in First Trust Indxx Global Natural Resources Income ETF in the 2nd quarter worth approximately $25,000. CWM LLC raised its position in shares of First Trust Indxx Global Natural Resources Income ETF by 192.7% during the first quarter. CWM LLC now owns 2,722 shares of the company’s stock valued at $36,000 after buying an additional 1,792 shares during the last quarter. Comerica Bank boosted its position in shares of First Trust Indxx Global Natural Resources Income ETF by 120.0% during the first quarter. Comerica Bank now owns 5,500 shares of the company’s stock worth $73,000 after acquiring an additional 3,000 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of First Trust Indxx Global Natural Resources Income ETF during the fourth quarter worth $182,000. Finally, Crumly & Associates Inc. purchased a new position in First Trust Indxx Global Natural Resources Income ETF during the second quarter valued at $249,000.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

Shares of First Trust Indxx Global Natural Resources Income ETF stock opened at $15.21 on Friday. First Trust Indxx Global Natural Resources Income ETF has a fifty-two week low of $11.39 and a fifty-two week high of $15.33. The company has a market capitalization of $105.70 million, a P/E ratio of 15.66 and a beta of 0.94. The company has a fifty day moving average of $14.83 and a 200 day moving average of $14.05.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.0754 per share. The ex-dividend date was Thursday, September 25th. This represents a $0.30 annualized dividend and a dividend yield of 2.0%.

First Trust Indxx Global Natural Resources Income ETF Company Profile

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.