First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Sees Large Growth in Short Interest

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totalling 800 shares, an increase of 300.0% from the May 31st total of 200 shares. Based on an average daily trading volume, of 59,800 shares, the days-to-cover ratio is presently 0.0 days.

First Trust Indxx Global Natural Resources Income ETF Stock Down 0.2 %

FTRI stock traded down $0.02 on Friday, reaching $12.97. 93,843 shares of the company’s stock were exchanged, compared to its average volume of 86,672. First Trust Indxx Global Natural Resources Income ETF has a twelve month low of $11.94 and a twelve month high of $14.12. The stock has a fifty day moving average of $13.50 and a 200-day moving average of $13.03. The firm has a market cap of $179.63 million, a PE ratio of 6.13 and a beta of 0.94.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 27th will be issued a $0.1896 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.85%. The ex-dividend date is Thursday, June 27th. This is an increase from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.06.

Institutional Trading of First Trust Indxx Global Natural Resources Income ETF

Institutional investors have recently added to or reduced their stakes in the stock. B. Riley Wealth Advisors Inc. increased its holdings in First Trust Indxx Global Natural Resources Income ETF by 6.0% in the third quarter. B. Riley Wealth Advisors Inc. now owns 70,379 shares of the company’s stock valued at $889,000 after buying an additional 3,963 shares in the last quarter. Park National Corp OH increased its stake in First Trust Indxx Global Natural Resources Income ETF by 15.6% in the 4th quarter. Park National Corp OH now owns 325,896 shares of the company’s stock valued at $4,243,000 after purchasing an additional 43,870 shares in the last quarter. Walkner Condon Financial Advisors LLC acquired a new position in First Trust Indxx Global Natural Resources Income ETF during the fourth quarter worth $2,115,000. International Assets Investment Management LLC acquired a new position in First Trust Indxx Global Natural Resources Income ETF during the fourth quarter worth $424,000. Finally, Global Assets Advisory LLC boosted its position in First Trust Indxx Global Natural Resources Income ETF by 12.5% during the fourth quarter. Global Assets Advisory LLC now owns 40,500 shares of the company’s stock worth $527,000 after purchasing an additional 4,500 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.