Short Interest in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Rises By 68.3%

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 94,977 shares, an increase of 68.3% from the January 29th total of 56,417 shares. Based on an average daily trading volume, of 72,019 shares, the short-interest ratio is currently 1.3 days. Approximately 1.4% of the company’s shares are short sold. Approximately 1.4% of the company’s shares are short sold. Based on an average daily trading volume, of 72,019 shares, the short-interest ratio is currently 1.3 days.

First Trust Indxx Global Natural Resources Income ETF Trading Up 1.1%

Shares of NASDAQ FTRI traded up $0.22 on Friday, reaching $19.05. 54,776 shares of the company traded hands, compared to its average volume of 60,928. The company has a 50 day moving average of $17.26 and a 200 day moving average of $15.84. First Trust Indxx Global Natural Resources Income ETF has a fifty-two week low of $11.39 and a fifty-two week high of $19.06. The stock has a market capitalization of $130.46 million, a PE ratio of 15.66 and a beta of 0.79.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.1115 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.45 annualized dividend and a dividend yield of 2.3%. This is a boost from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.08.

Institutional Investors Weigh In On First Trust Indxx Global Natural Resources Income ETF

Institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada raised its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 12.8% in the 4th quarter. Royal Bank of Canada now owns 679,252 shares of the company’s stock worth $10,643,000 after purchasing an additional 77,269 shares during the period. Bank of America Corp DE increased its position in First Trust Indxx Global Natural Resources Income ETF by 86.2% during the 3rd quarter. Bank of America Corp DE now owns 196,911 shares of the company’s stock worth $2,992,000 after purchasing an additional 91,175 shares in the last quarter. Flow Traders U.S. LLC increased its position in First Trust Indxx Global Natural Resources Income ETF by 65.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 142,937 shares of the company’s stock worth $2,172,000 after purchasing an additional 56,640 shares in the last quarter. Benjamin Edwards Inc. acquired a new position in First Trust Indxx Global Natural Resources Income ETF during the third quarter valued at approximately $1,625,000. Finally, D.A. Davidson & CO. grew its stake in First Trust Indxx Global Natural Resources Income ETF by 6.7% during the fourth quarter. D.A. Davidson & CO. now owns 75,028 shares of the company’s stock worth $1,176,000 after buying an additional 4,743 shares during the period.

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. The issuers of the component securities of the index must be engaged in some aspect of the copper mining industry, such as copper mining, refining or exploration.