First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) Short Interest Update

First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,900 shares, a growth of 137.5% from the December 15th total of 800 shares. Based on an average trading volume of 7,300 shares, the short-interest ratio is presently 0.3 days.

First Trust RiverFront Dynamic Developed International ETF Trading Down 0.0 %

Shares of NASDAQ RFDI traded down $0.01 during mid-day trading on Tuesday, reaching $61.28. The company had a trading volume of 4,885 shares, compared to its average volume of 16,036. The stock has a market cap of $102.34 million, a price-to-earnings ratio of 10.90 and a beta of 0.94. First Trust RiverFront Dynamic Developed International ETF has a 52 week low of $59.82 and a 52 week high of $68.36. The business’s 50-day moving average is $62.79 and its 200-day moving average is $64.83.

First Trust RiverFront Dynamic Developed International ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $1.1513 per share. The ex-dividend date was Friday, December 13th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of RFDI. Flow Traders U.S. LLC increased its position in First Trust RiverFront Dynamic Developed International ETF by 889.9% during the 3rd quarter. Flow Traders U.S. LLC now owns 78,617 shares of the company’s stock valued at $5,295,000 after purchasing an additional 70,675 shares during the period. Benjamin Edwards Inc. bought a new position in shares of First Trust RiverFront Dynamic Developed International ETF during the third quarter valued at approximately $949,000. Cetera Investment Advisers increased its holdings in First Trust RiverFront Dynamic Developed International ETF by 274.0% during the second quarter. Cetera Investment Advisers now owns 18,625 shares of the company’s stock valued at $1,185,000 after buying an additional 13,645 shares during the period. Envestnet Asset Management Inc. raised its stake in First Trust RiverFront Dynamic Developed International ETF by 9.2% in the second quarter. Envestnet Asset Management Inc. now owns 130,963 shares of the company’s stock worth $8,333,000 after buying an additional 11,013 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in First Trust RiverFront Dynamic Developed International ETF by 80.0% during the third quarter. GAMMA Investing LLC now owns 4,578 shares of the company’s stock worth $308,000 after buying an additional 2,034 shares during the period.

First Trust RiverFront Dynamic Developed International ETF Company Profile

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.