First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Short Interest Up 233.3% in January

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,000 shares, an increase of 233.3% from the January 15th total of 300 shares. Based on an average trading volume of 62,900 shares, the days-to-cover ratio is presently 0.0 days.

First Trust Indxx Global Natural Resources Income ETF Price Performance

Shares of NASDAQ FTRI traded down $0.12 during trading on Wednesday, hitting $12.64. 32,110 shares of the company were exchanged, compared to its average volume of 51,665. First Trust Indxx Global Natural Resources Income ETF has a 1 year low of $11.79 and a 1 year high of $14.12. The company has a market cap of $104.91 million, a price-to-earnings ratio of 6.13 and a beta of 0.94. The firm’s fifty day moving average price is $12.46 and its 200 day moving average price is $12.95.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.1047 per share. The ex-dividend date was Friday, December 13th. This is an increase from First Trust Indxx Global Natural Resources Income ETF’s previous dividend of $0.06.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Koshinski Asset Management Inc. raised its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 3.2% during the 4th quarter. Koshinski Asset Management Inc. now owns 29,131 shares of the company’s stock worth $350,000 after buying an additional 914 shares during the last quarter. Walkner Condon Financial Advisors LLC raised its position in First Trust Indxx Global Natural Resources Income ETF by 6.3% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 17,429 shares of the company’s stock worth $210,000 after acquiring an additional 1,037 shares during the last quarter. Monument Capital Management lifted its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 2.1% in the fourth quarter. Monument Capital Management now owns 53,455 shares of the company’s stock valued at $643,000 after purchasing an additional 1,088 shares in the last quarter. Focus Financial Network Inc. grew its position in shares of First Trust Indxx Global Natural Resources Income ETF by 7.6% in the third quarter. Focus Financial Network Inc. now owns 15,912 shares of the company’s stock valued at $215,000 after purchasing an additional 1,127 shares during the last quarter. Finally, Columbia Advisory Partners LLC increased its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 6.6% during the 4th quarter. Columbia Advisory Partners LLC now owns 29,642 shares of the company’s stock worth $356,000 after purchasing an additional 1,836 shares in the last quarter.

First Trust Indxx Global Natural Resources Income ETF Company Profile

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.