Short Interest in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Declines By 84.5%

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFVGet Free Report) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 2,771 shares, a decline of 84.5% from the July 30th total of 17,840 shares. Based on an average daily trading volume, of 22,961 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On First Trust Dorsey Wright International Focus 5 ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC purchased a new position in First Trust Dorsey Wright International Focus 5 ETF during the 2nd quarter valued at approximately $32,723,000. NewEdge Advisors LLC boosted its position 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 valued at $19,776,000 after acquiring an additional 261,757 shares during the last quarter. Bank of America Corp DE boosted its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 9.4% during the 1st quarter. Bank of America Corp DE now owns 314,659 shares of the company’s stock valued at $7,951,000 after acquiring an additional 26,919 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 126.9% in the first quarter. Royal Bank of Canada now owns 28,681 shares of the company’s stock valued at $725,000 after purchasing an additional 16,040 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 19.5% in the first quarter. Cetera Investment Advisers now owns 71,721 shares of the company’s stock valued at $1,812,000 after purchasing an additional 11,706 shares in the last quarter.

First Trust Dorsey Wright International Focus 5 ETF Trading Down 0.3%

Shares of NASDAQ:IFV traded down $0.08 during midday trading on Wednesday, reaching $26.28. 9,856 shares of the company were exchanged, compared to its average volume of 56,783. The stock has a market cap of $236.52 million, a PE ratio of 13.24 and a beta of 0.76. The business’s fifty day moving average is $26.10 and its two-hundred day moving average is $26.65. First Trust Dorsey Wright International Focus 5 ETF has a one year low of $23.19 and a one year high of $28.70.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.2505 dividend. This is an increase from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Thursday, June 25th.

First Trust Dorsey Wright International Focus 5 ETF Company Profile

(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.

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