First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Sees Significant Decline in Short Interest

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 2,688 shares, a decrease of 90.2% from the May 31st total of 27,551 shares. Based on an average daily trading volume, of 46,682 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

Shares of IFV traded down $0.40 on Friday, hitting $26.52. The company’s stock had a trading volume of 5,102 shares, compared to its average volume of 57,659. The company has a market capitalization of $237.35 million, a PE ratio of 13.24 and a beta of 0.74. First Trust Dorsey Wright International Focus 5 ETF has a fifty-two week low of $22.58 and a fifty-two week high of $28.70. The company has a 50 day moving average price of $27.62 and a 200 day moving average price of $26.52.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be paid a $0.2505 dividend. This is a boost from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $1.00 annualized dividend and a dividend yield of 3.8%.

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

Hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC increased its stake in First Trust Dorsey Wright International Focus 5 ETF by 4.3% during the 4th quarter. Farther Finance Advisors LLC now owns 13,054 shares of the company’s stock worth $324,000 after purchasing an additional 537 shares in the last quarter. MML Investors Services LLC lifted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 1.2% in the fourth quarter. MML Investors Services LLC now owns 49,841 shares of the company’s stock valued at $1,238,000 after purchasing an additional 596 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 5.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 17,497 shares of the company’s stock worth $434,000 after buying an additional 920 shares during the period. Rockefeller Capital Management L.P. boosted its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 2.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 43,584 shares of the company’s stock worth $1,082,000 after buying an additional 936 shares during the period. Finally, Advisory Services Network LLC bought a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the third quarter worth about $30,000.

First Trust Dorsey Wright International Focus 5 ETF Company Profile

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.