First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) Short Interest Up 296.6% in July

First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC – Get Free Report) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 3,335 shares, a growth of 296.6% from the July 15th total of 841 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 2,025 shares, the short-interest ratio is presently 1.6 days.

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

A number of institutional investors have recently added to or reduced their stakes in FVC. Raymond James Financial Inc. grew its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 62.0% in the 2nd quarter. Raymond James Financial Inc. now owns 348,035 shares of the company’s stock valued at $12,366,000 after purchasing an additional 133,233 shares during the period. Sun Financial Inc bought a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF during the 4th quarter worth approximately $861,000. Susquehanna International Group LLP lifted its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 375.6% during the 3rd quarter. Susquehanna International Group LLP now owns 28,196 shares of the company’s stock worth $1,017,000 after buying an additional 22,268 shares during the period. Geneos Wealth Management Inc. boosted its stake in First Trust Dorsey Wright Dynamic Focus 5 ETF by 146.9% in the 2nd quarter. Geneos Wealth Management Inc. now owns 32,160 shares of the company’s stock valued at $1,143,000 after buying an additional 19,137 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in First Trust Dorsey Wright Dynamic Focus 5 ETF in the 4th quarter valued at $535,000.

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First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Performance

Shares of First Trust Dorsey Wright Dynamic Focus 5 ETF stock opened at $42.41 on Friday. The firm’s 50-day simple moving average is $41.55 and its 200-day simple moving average is $39.13. First Trust Dorsey Wright Dynamic Focus 5 ETF has a twelve month low of $33.81 and a twelve month high of $44.23. The firm has a market cap of $110.27 million, a P/E ratio of 19.13 and a beta of 0.71.

First Trust Dorsey Wright Dynamic Focus 5 ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.0006 per share. The ex-dividend date was Thursday, June 25th. This represents a $0.00 dividend on an annualized basis and a yield of 0.0%.

First Trust Dorsey Wright Dynamic Focus 5 ETF Company Profile

(Get Free Report)

The First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) is an exchange-traded fund that is based on the Dorsey Wright Dynamic Focus Five index. The fund tracks an index of global sector and industry ETFs, selected by price momentum and weighted equally. The fund can also allocate to cash in varying amounts based on momentum. FVC was launched on Mar 18, 2016 and is managed by First Trust.

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