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 recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 300 shares, a drop of 94.6% from the January 31st total of 5,600 shares. Based on an average trading volume of 74,000 shares, the days-to-cover ratio is presently 0.0 days.

First Trust Dorsey Wright International Focus 5 ETF Trading Down 1.0 %

Shares of NASDAQ IFV opened at $19.80 on Friday. First Trust Dorsey Wright International Focus 5 ETF has a 1-year low of $18.48 and a 1-year high of $21.38. The company has a 50-day moving average of $19.38 and a two-hundred day moving average of $19.90. The company has a market cap of $130.68 million, a PE ratio of 8.65 and a beta of 0.95.

First Trust Dorsey Wright International Focus 5 ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.1872 per share. The ex-dividend date was Friday, December 13th.

Hedge Funds Weigh In On First Trust Dorsey Wright International Focus 5 ETF

Several large investors have recently bought and sold shares of the business. Topsail Wealth Management LLC bought a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF during the 4th quarter valued at $130,000. Steward Partners Investment Advisory LLC grew its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 26.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 14,725 shares of the company’s stock worth $282,000 after purchasing an additional 3,105 shares during the period. Cushing Capital Partners LLC bought a new stake in First Trust Dorsey Wright International Focus 5 ETF in the fourth quarter valued at about $406,000. Arkadios Wealth Advisors lifted its stake in First Trust Dorsey Wright International Focus 5 ETF by 7.6% in the fourth quarter. Arkadios Wealth Advisors now owns 33,228 shares of the company’s stock valued at $637,000 after buying an additional 2,333 shares during the period. Finally, Pine Valley Investments Ltd Liability Co boosted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 3.3% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 36,622 shares of the company’s stock worth $771,000 after buying an additional 1,162 shares during the last quarter.

About First Trust Dorsey Wright International Focus 5 ETF

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.