First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Short Interest Update

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRIGet Free Report) saw a large decline in short interest in April. As of April 30th, there was short interest totaling 14,690 shares, a decline of 48.2% from the April 15th total of 28,364 shares. Based on an average daily volume of 59,749 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the stock are short sold.

First Trust Indxx Global Natural Resources Income ETF Stock Down 3.0%

NASDAQ FTRI traded down $0.53 during trading hours on Friday, reaching $17.14. The company’s stock had a trading volume of 137,915 shares, compared to its average volume of 51,382. The firm’s 50-day moving average price is $17.82 and its 200-day moving average price is $16.88. First Trust Indxx Global Natural Resources Income ETF has a 1 year low of $13.31 and a 1 year high of $19.13. The company has a market capitalization of $131.98 million, a price-to-earnings ratio of 15.66 and a beta of 0.58.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.0666 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.27 dividend on an annualized basis and a yield of 1.6%.

Institutional Trading of First Trust Indxx Global Natural Resources Income ETF

Large investors have recently added to or reduced their stakes in the company. US Bancorp DE increased its stake in First Trust Indxx Global Natural Resources Income ETF by 12,108.5% in the 3rd quarter. US Bancorp DE now owns 65,926 shares of the company’s stock worth $1,002,000 after acquiring an additional 65,386 shares during the last quarter. Manchester Financial Inc. purchased a new stake in shares of First Trust Indxx Global Natural Resources Income ETF in the 4th quarter worth $300,000. Royal Bank of Canada lifted 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 buying an additional 77,269 shares during the period. Bank of America Corp DE lifted its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 2.5% during the 2nd quarter. Bank of America Corp DE now owns 105,736 shares of the company’s stock worth $1,505,000 after purchasing an additional 2,578 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the 3rd quarter worth $313,000.

About First Trust Indxx Global Natural Resources Income ETF

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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.

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