First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Sees Large Growth in Short Interest

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 94,600 shares, a growth of 81.2% from the January 15th total of 52,200 shares. Based on an average daily volume of 104,700 shares, the short-interest ratio is presently 0.9 days.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FV. SPC Financial Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 10.2% during the third quarter. SPC Financial Inc. now owns 106,129 shares of the company’s stock worth $6,184,000 after purchasing an additional 9,796 shares during the period. Global Retirement Partners LLC boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 20.7% during the 3rd quarter. Global Retirement Partners LLC now owns 15,530 shares of the company’s stock worth $905,000 after buying an additional 2,664 shares during the period. Madrona Financial Services LLC boosted its stake in First Trust Dorsey Wright Focus 5 ETF by 5.0% during the 3rd quarter. Madrona Financial Services LLC now owns 511,831 shares of the company’s stock valued at $29,824,000 after purchasing an additional 24,263 shares during the period. Stratos Wealth Partners LTD. grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 8.8% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 170,511 shares of the company’s stock valued at $9,936,000 after buying an additional 13,840 shares during the last quarter. Finally, First Citizens Bank & Trust Co. increased its position in First Trust Dorsey Wright Focus 5 ETF by 1.8% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 10,178 shares of the company’s stock worth $593,000 after buying an additional 178 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.2 %

NASDAQ FV traded up $0.10 during trading on Friday, reaching $62.53. 60,358 shares of the company’s stock were exchanged, compared to its average volume of 117,462. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $49.73 and a fifty-two week high of $63.09. The company’s fifty day simple moving average is $60.93 and its 200-day simple moving average is $58.85. The firm has a market capitalization of $4.03 billion, a PE ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.0386 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Dorsey Wright Focus 5 ETF Company Profile

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.