First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) Short Interest Down 13.0% in November

Posted by Suzanne Cooper on Dec 15th, 2024

First Trust Dow Jones International Internet ETF (NASDAQ:FDNI – Get Free Report) was the recipient of a large decline in short interest in November. As of November 30th, there was short interest totalling 34,900 shares, a decline of 13.0% from the November 15th total of 40,100 shares. Based on an average daily volume of 6,600 shares, the short-interest ratio is presently 5.3 days.

First Trust Dow Jones International Internet ETF Trading Down 0.7 %

Shares of NASDAQ FDNI opened at $28.95 on Friday. The firm has a market capitalization of $40.53 million, a PE ratio of 25.42 and a beta of 0.80. First Trust Dow Jones International Internet ETF has a one year low of $20.58 and a one year high of $31.34. The business has a 50-day moving average price of $28.79 and a two-hundred day moving average price of $25.97.

First Trust Dow Jones International Internet ETF Dividend Announcement

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a $0.222 dividend. The ex-dividend date is Friday, December 13th.

Institutional Investors Weigh In On First Trust Dow Jones International Internet ETF

A hedge fund recently bought a new stake in First Trust Dow Jones International Internet ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of First Trust Dow Jones International Internet ETF (NASDAQ:FDNI – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 8,130 shares of the company’s stock, valued at approximately $233,000. Flow Traders U.S. LLC owned approximately 0.58% of First Trust Dow Jones International Internet ETF at the end of the most recent quarter.

About First Trust Dow Jones International Internet ETF

(Get Free Report)

The First Trust Dow Jones International Internet ETF (FDNI) is an exchange-traded fund that is based on the Dow Jones International Internet index, a market-cap-weighted index that holds a concentrated portfolio of the largest internet services and commerce companies outside of the US. FDNI was launched on Nov 5, 2018 and is managed by First Trust.