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

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 5,600 shares, a growth of 1,300.0% from the January 15th total of 400 shares. Based on an average daily volume of 74,100 shares, the days-to-cover ratio is currently 0.1 days.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

Shares of IFV stock opened at $19.81 on Thursday. First Trust Dorsey Wright International Focus 5 ETF has a one year low of $18.48 and a one year high of $21.38. The business’s 50 day simple moving average is $19.35 and its 200 day simple moving average is $19.88. The stock has a market capitalization of $130.75 million, a PE ratio of 8.65 and a beta of 0.95.

First Trust Dorsey Wright International Focus 5 ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.1872 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Investors Weigh In On First Trust Dorsey Wright International Focus 5 ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Sanctuary Advisors LLC bought a new position in First Trust Dorsey Wright International Focus 5 ETF during the second quarter worth $294,000. PFG Investments LLC increased its position in First Trust Dorsey Wright International Focus 5 ETF by 3.4% in the 3rd quarter. PFG Investments LLC now owns 28,551 shares of the company’s stock valued at $601,000 after buying an additional 932 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in First Trust Dorsey Wright International Focus 5 ETF by 2.1% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 697,452 shares of the company’s stock worth $14,676,000 after buying an additional 14,374 shares during the period. Jane Street Group LLC raised its stake in First Trust Dorsey Wright International Focus 5 ETF by 760.1% during the 3rd quarter. Jane Street Group LLC now owns 131,101 shares of the company’s stock worth $2,759,000 after buying an additional 115,859 shares during the period. Finally, MML Investors Services LLC boosted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 34.5% in the third quarter. MML Investors Services LLC now owns 45,640 shares of the company’s stock worth $960,000 after acquiring an additional 11,697 shares in the last quarter.

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.