First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) Sees Significant Drop in Short Interest

Posted by Stanley Muller on Aug 27th, 2026

First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI – Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,745 shares, a drop of 67.3% from the July 30th total of 5,337 shares. Based on an average trading volume of 9,278 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of RFDI. Western Wealth Management LLC acquired a new stake in First Trust RiverFront Dynamic Developed International ETF during the first quarter worth approximately $37,000. Wells Fargo & Company MN grew its position in shares of First Trust RiverFront Dynamic Developed International ETF by 137,100.0% during the 4th quarter. Wells Fargo & Company MN now owns 1,372 shares of the company’s stock worth $110,000 after buying an additional 1,371 shares during the period. Compass Financial Management LLC bought a new stake in shares of First Trust RiverFront Dynamic Developed International ETF in the 2nd quarter valued at $197,000. First Trust Advisors LP acquired a new position in shares of First Trust RiverFront Dynamic Developed International ETF during the 4th quarter valued at $205,000. Finally, Spartan Wealth Advisory Services LLC acquired a new position in shares of First Trust RiverFront Dynamic Developed International ETF during the 1st quarter valued at $230,000.

First Trust RiverFront Dynamic Developed International ETF Trading Down 0.5%

Shares of NASDAQ RFDI opened at $92.83 on Thursday. The stock has a 50-day moving average price of $89.60 and a two-hundred day moving average price of $86.94. First Trust RiverFront Dynamic Developed International ETF has a 12 month low of $74.64 and a 12 month high of $93.30. The company has a market cap of $168.95 million, a price-to-earnings ratio of 12.09 and a beta of 0.81.

First Trust RiverFront Dynamic Developed International ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $1.0702 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $4.28 annualized dividend and a yield of 4.6%. This is an increase from First Trust RiverFront Dynamic Developed International ETF’s previous quarterly dividend of $0.35.

First Trust RiverFront Dynamic Developed International ETF Company Profile

(Get Free Report)

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. RFDI was launched on Apr 13, 2016 and is managed by First Trust.