First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Short Interest Up 209.7% in January

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 124,800 shares, an increase of 209.7% from the December 31st total of 40,300 shares. Based on an average trading volume of 97,500 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FV. Crews Bank & Trust bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter worth $27,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at approximately $29,000. Sound Income Strategies LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth approximately $30,000. Grove Bank & Trust acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth approximately $30,000. Finally, Truvestments Capital LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at $45,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of First Trust Dorsey Wright Focus 5 ETF stock traded up $0.58 on Thursday, hitting $62.62. The company had a trading volume of 116,658 shares, compared to its average volume of 130,103. The company has a market cap of $4.04 billion, a PE ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $49.73 and a 52 week high of $62.86. The business has a 50-day simple moving average of $60.81 and a 200-day simple moving average of $58.44.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.0386 per share. The ex-dividend date was Friday, December 13th.

About First Trust Dorsey Wright Focus 5 ETF

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.