First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Sees Significant Increase in Short Interest

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 1,900 shares, an increase of 533.3% from the February 13th total of 300 shares. Based on an average daily volume of 73,900 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

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

A number of hedge funds have recently made changes to their positions in the company. Pine Valley Investments Ltd Liability Co boosted its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 3.3% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 36,622 shares of the company’s stock worth $771,000 after acquiring an additional 1,162 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 2.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 76,783 shares of the company’s stock valued at $1,472,000 after purchasing an additional 1,750 shares in the last quarter. Arkadios Wealth Advisors boosted its stake in First Trust Dorsey Wright International Focus 5 ETF by 7.6% during the 4th quarter. Arkadios Wealth Advisors now owns 33,228 shares of the company’s stock worth $637,000 after purchasing an additional 2,333 shares during the last quarter. Steward Partners Investment Advisory LLC grew its holdings 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 buying an additional 3,105 shares in the last quarter. Finally, Concurrent Investment Advisors LLC raised its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 0.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 701,093 shares of the company’s stock valued at $13,440,000 after buying an additional 3,641 shares during the last quarter.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

First Trust Dorsey Wright International Focus 5 ETF stock traded up $0.26 during midday trading on Friday, reaching $20.15. The company had a trading volume of 1,772 shares, compared to its average volume of 76,277. First Trust Dorsey Wright International Focus 5 ETF has a 12-month low of $18.48 and a 12-month high of $21.38. The company has a market capitalization of $132.99 million, a P/E ratio of 13.29 and a beta of 0.95. The firm’s fifty day simple moving average is $19.54 and its 200-day simple moving average is $19.90.

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.