First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Sees Significant Decline in Short Interest

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFVGet Free Report) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 17,840 shares, a decrease of 36.0% from the July 15th total of 27,860 shares. Based on an average daily volume of 46,007 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are short sold.

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

Shares of NASDAQ:IFV traded up $0.10 during midday trading on Wednesday, hitting $26.01. The stock had a trading volume of 17,158 shares, compared to its average volume of 55,989. First Trust Dorsey Wright International Focus 5 ETF has a 1 year low of $23.19 and a 1 year high of $28.70. The stock has a 50 day moving average price of $26.26 and a two-hundred day moving average price of $26.67. The company has a market capitalization of $234.09 million, a PE ratio of 13.24 and a beta of 0.76.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.2505 per share. This is a positive change from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.9%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. UBS Group AG boosted its holdings 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 buying an additional 36,171 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 50.3% during the 1st quarter. NewEdge Advisors LLC now owns 782,569 shares of the company’s stock worth $19,776,000 after acquiring an additional 261,757 shares in the last quarter. PFG Investments LLC grew its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 163.7% in the 1st quarter. PFG Investments LLC now owns 79,971 shares of the company’s stock worth $2,021,000 after acquiring an additional 49,649 shares during the period. Rockefeller Capital Management L.P. increased its stake in First Trust Dorsey Wright International Focus 5 ETF by 2.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 43,584 shares of the company’s stock valued at $1,082,000 after purchasing an additional 936 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in First Trust Dorsey Wright International Focus 5 ETF by 4.3% during the fourth quarter. Farther Finance Advisors LLC now owns 13,054 shares of the company’s stock worth $324,000 after purchasing an additional 537 shares during the last quarter.

About First Trust Dorsey Wright International Focus 5 ETF

(Get Free Report)

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.

Further Reading

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