First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) Short Interest Update

First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 3,000 shares, an increase of 100.0% from the August 31st total of 1,500 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Trading of First Trust RiverFront Dynamic Developed International ETF

Large investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its stake in shares of First Trust RiverFront Dynamic Developed International ETF by 16.0% in the first quarter. Envestnet Asset Management Inc. now owns 132,871 shares of the company’s stock worth $8,833,000 after acquiring an additional 18,325 shares during the period. Walkner Condon Financial Advisors LLC grew its stake in shares of First Trust RiverFront Dynamic Developed International ETF by 9.1% in the first quarter. Walkner Condon Financial Advisors LLC now owns 6,135 shares of the company’s stock worth $408,000 after acquiring an additional 511 shares during the period. Cetera Investment Advisers grew its stake in shares of First Trust RiverFront Dynamic Developed International ETF by 54.0% in the first quarter. Cetera Investment Advisers now owns 79,138 shares of the company’s stock worth $5,261,000 after acquiring an additional 27,750 shares during the period. Per Stirling Capital Management LLC. grew its stake in shares of First Trust RiverFront Dynamic Developed International ETF by 58.6% in the first quarter. Per Stirling Capital Management LLC. now owns 197,533 shares of the company’s stock worth $13,132,000 after acquiring an additional 73,023 shares during the period. Finally, NBC Securities Inc. grew its stake in shares of First Trust RiverFront Dynamic Developed International ETF by 109,080.0% in the first quarter. NBC Securities Inc. now owns 5,459 shares of the company’s stock worth $362,000 after acquiring an additional 5,454 shares during the period.

First Trust RiverFront Dynamic Developed International ETF Stock Performance

NASDAQ:RFDI opened at $78.02 on Friday. The firm has a market cap of $134.19 million, a P/E ratio of 12.09 and a beta of 0.94. First Trust RiverFront Dynamic Developed International ETF has a fifty-two week low of $58.54 and a fifty-two week high of $78.06. The firm has a 50-day simple moving average of $75.84 and a two-hundred day simple moving average of $71.93.

First Trust RiverFront Dynamic Developed International ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.3845 dividend. The ex-dividend date was Thursday, September 25th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 2.0%.

About First Trust RiverFront Dynamic Developed International ETF

The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an exchange-traded fund that is based on the FTSE Developed ex U.S. index. The fund is an actively-managed fund that seeks capital appreciation from developed-country stocks (excluding the US) selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio.