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 significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 1,800 shares, a decline of 79.1% from the May 31st total of 8,600 shares. Based on an average daily volume of 20,900 shares, the short-interest ratio is currently 0.1 days.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

Shares of NASDAQ:IFV traded down $0.07 during mid-day trading on Thursday, reaching $19.50. 15,700 shares of the company traded hands, compared to its average volume of 25,392. First Trust Dorsey Wright International Focus 5 ETF has a 52 week low of $16.99 and a 52 week high of $20.30. The firm has a market cap of $190.08 million, a PE ratio of 8.65 and a beta of 0.95. The company’s 50 day moving average price is $19.76 and its 200-day moving average price is $19.58.

First Trust Dorsey Wright International Focus 5 ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 27th will be paid a $0.1495 dividend. The ex-dividend date of this dividend is Thursday, June 27th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Raymond James Financial Services Advisors Inc. raised its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 3.0% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 1,147,707 shares of the company’s stock valued at $22,954,000 after buying an additional 33,494 shares during the last quarter. UBS Group AG lifted its stake in First Trust Dorsey Wright International Focus 5 ETF by 20.2% in the 3rd quarter. UBS Group AG now owns 180,256 shares of the company’s stock worth $3,198,000 after purchasing an additional 30,301 shares in the last quarter. Genesee Capital Advisors LLC boosted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 4.2% during the 4th quarter. Genesee Capital Advisors LLC now owns 147,481 shares of the company’s stock valued at $2,882,000 after purchasing an additional 5,967 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 33.0% during the 1st quarter. Commonwealth Equity Services LLC now owns 100,877 shares of the company’s stock valued at $2,018,000 after purchasing an additional 25,041 shares during the last quarter. Finally, PFG Investments LLC grew its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 228.7% during the fourth quarter. PFG Investments LLC now owns 92,873 shares of the company’s stock valued at $1,815,000 after purchasing an additional 64,621 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.