First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Sees Significant Decline in Short Interest

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) saw a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 100 shares, a decrease of 75.0% from the October 31st total of 400 shares. Based on an average trading volume of 56,400 shares, the short-interest ratio is presently 0.0 days.

First Trust Indxx Global Natural Resources Income ETF Price Performance

Shares of FTRI traded up $0.10 during trading hours on Friday, hitting $13.17. 8,415 shares of the company were exchanged, compared to its average volume of 77,964. The company has a market capitalization of $131.65 million, a PE ratio of 6.13 and a beta of 0.94. The firm has a fifty day simple moving average of $13.29 and a 200-day simple moving average of $13.28. First Trust Indxx Global Natural Resources Income ETF has a one year low of $11.94 and a one year high of $14.12.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.1605 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.64 dividend on an annualized basis and a yield of 4.88%.

Institutional Trading of First Trust Indxx Global Natural Resources Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. B. Riley Wealth Advisors Inc. increased its position in shares of First Trust Indxx Global Natural Resources Income ETF by 17.9% in the first quarter. B. Riley Wealth Advisors Inc. now owns 70,379 shares of the company’s stock worth $889,000 after acquiring an additional 10,706 shares in the last quarter. Jane Street Group LLC raised its stake in First Trust Indxx Global Natural Resources Income ETF by 14.0% during the 1st quarter. Jane Street Group LLC now owns 393,753 shares of the company’s stock valued at $5,227,000 after purchasing an additional 48,251 shares during the period. Cetera Investment Advisers lifted its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 106.1% in the first quarter. Cetera Investment Advisers now owns 264,087 shares of the company’s stock valued at $3,506,000 after purchasing an additional 135,961 shares in the last quarter. Cetera Advisors LLC boosted its position in shares of First Trust Indxx Global Natural Resources Income ETF by 42.7% in the first quarter. Cetera Advisors LLC now owns 219,796 shares of the company’s stock worth $2,918,000 after buying an additional 65,725 shares during the period. Finally, Park National Corp OH boosted its position in shares of First Trust Indxx Global Natural Resources Income ETF by 3.2% in the second quarter. Park National Corp OH now owns 338,853 shares of the company’s stock worth $4,395,000 after buying an additional 10,499 shares during the period.

About First Trust Indxx Global Natural Resources Income ETF

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.