First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) Short Interest Up 66.7% in February

First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 500 shares, an increase of 66.7% from the February 13th total of 300 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 11,100 shares, the days-to-cover ratio is presently 0.0 days.

First Trust RiverFront Dynamic Developed International ETF Stock Performance

Shares of RFDI stock opened at $67.49 on Monday. First Trust RiverFront Dynamic Developed International ETF has a 52 week low of $60.25 and a 52 week high of $68.36. The company’s 50 day moving average price is $64.56 and its two-hundred day moving average price is $64.69. The company has a market capitalization of $116.08 million, a P/E ratio of 12.57 and a beta of 0.94.

Institutional Investors Weigh In On First Trust RiverFront Dynamic Developed International ETF

Several institutional investors have recently added to or reduced their stakes in RFDI. Armis Advisers LLC bought a new position in First Trust RiverFront Dynamic Developed International ETF during the 4th quarter worth about $245,000. Cetera Investment Advisers boosted its position in First Trust RiverFront Dynamic Developed International ETF by 46.0% during the 4th quarter. Cetera Investment Advisers now owns 51,388 shares of the company’s stock worth $3,158,000 after acquiring an additional 16,202 shares during the last quarter. Baird Financial Group Inc. grew its stake in shares of First Trust RiverFront Dynamic Developed International ETF by 4.9% during the 4th quarter. Baird Financial Group Inc. now owns 15,283 shares of the company’s stock worth $939,000 after acquiring an additional 707 shares in the last quarter. Jane Street Group LLC grew its stake in shares of First Trust RiverFront Dynamic Developed International ETF by 143.3% during the 4th quarter. Jane Street Group LLC now owns 24,200 shares of the company’s stock worth $1,487,000 after acquiring an additional 14,253 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of First Trust RiverFront Dynamic Developed International ETF in the fourth quarter valued at approximately $733,000.

About First Trust RiverFront Dynamic Developed International ETF

The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an exchange-traded fund that is based on the FTSE Developed ex U.S. index. The fund is an actively-managed fund that seeks capital appreciation from developed-country stocks (excluding the US) selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio.