First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Short Interest Up 41.5% in January

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 24,148 shares, an increase of 41.5% from the December 31st total of 17,064 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 78,557 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 78,557 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Investors Weigh In On First Trust Dorsey Wright International Focus 5 ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IFV. Raymond James Financial Inc. increased its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 1.0% in the 3rd quarter. Raymond James Financial Inc. now owns 319,121 shares of the company’s stock valued at $7,812,000 after purchasing an additional 3,079 shares during the last quarter. Bank of America Corp DE grew its position in First Trust Dorsey Wright International Focus 5 ETF by 14.6% in the third quarter. Bank of America Corp DE now owns 247,804 shares of the company’s stock valued at $6,066,000 after acquiring an additional 31,623 shares during the last quarter. UBS Group AG raised its stake in First Trust Dorsey Wright International Focus 5 ETF by 27.7% during the fourth quarter. UBS Group AG now owns 166,595 shares of the company’s stock worth $4,137,000 after acquiring an additional 36,171 shares in the last quarter. Genesee Capital Advisors LLC lifted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 1.0% in the second quarter. Genesee Capital Advisors LLC now owns 137,747 shares of the company’s stock worth $3,157,000 after acquiring an additional 1,356 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 19.4% in the 2nd quarter. NewEdge Advisors LLC now owns 121,812 shares of the company’s stock valued at $2,792,000 after purchasing an additional 19,824 shares in the last quarter.

First Trust Dorsey Wright International Focus 5 ETF Stock Up 0.4%

IFV stock opened at $26.72 on Tuesday. First Trust Dorsey Wright International Focus 5 ETF has a 52 week low of $16.88 and a 52 week high of $27.29. The business has a 50-day simple moving average of $25.19 and a 200 day simple moving average of $24.47. The company has a market cap of $220.44 million, a PE ratio of 13.24 and a beta of 0.75.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a dividend of $0.1502 per share. This is a boost from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.2%.

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.