Short Interest in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Expands By 233.3%

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 1,000 shares, a growth of 233.3% from the January 15th total of 300 shares. Based on an average trading volume of 62,900 shares, the short-interest ratio is presently 0.0 days.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

FTRI stock traded up $0.06 during mid-day trading on Thursday, reaching $12.70. 1,948 shares of the stock traded hands, compared to its average volume of 49,950. First Trust Indxx Global Natural Resources Income ETF has a one year low of $11.79 and a one year high of $14.12. The stock has a market capitalization of $105.37 million, a PE ratio of 6.13 and a beta of 0.94. The business has a 50-day moving average price of $12.46 and a two-hundred day moving average price of $12.95.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.1047 dividend. The ex-dividend date of this dividend was Friday, December 13th. This is a boost from First Trust Indxx Global Natural Resources Income ETF’s previous dividend of $0.06.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Koshinski Asset Management Inc. grew its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 3.2% in the fourth quarter. Koshinski Asset Management Inc. now owns 29,131 shares of the company’s stock worth $350,000 after purchasing an additional 914 shares during the last quarter. Walkner Condon Financial Advisors LLC grew its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 6.3% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 17,429 shares of the company’s stock worth $210,000 after purchasing an additional 1,037 shares during the last quarter. Monument Capital Management grew its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 2.1% in the fourth quarter. Monument Capital Management now owns 53,455 shares of the company’s stock worth $643,000 after purchasing an additional 1,088 shares during the last quarter. Focus Financial Network Inc. grew its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 7.6% in the third quarter. Focus Financial Network Inc. now owns 15,912 shares of the company’s stock worth $215,000 after purchasing an additional 1,127 shares during the last quarter. Finally, Columbia Advisory Partners LLC grew its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 6.6% in the fourth quarter. Columbia Advisory Partners LLC now owns 29,642 shares of the company’s stock worth $356,000 after purchasing an additional 1,836 shares during 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.