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

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a decline of 84.2% from the February 28th total of 1,900 shares. Based on an average daily trading volume, of 75,400 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Trading of First Trust Dorsey Wright International Focus 5 ETF

A number of large investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC bought a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the fourth quarter valued at approximately $12,876,000. Bank of America Corp DE grew its holdings in First Trust Dorsey Wright International Focus 5 ETF by 8.7% in the fourth quarter. Bank of America Corp DE now owns 187,853 shares of the company’s stock worth $3,601,000 after purchasing an additional 14,968 shares during the last quarter. Topsail Wealth Management LLC purchased a new stake in First Trust Dorsey Wright International Focus 5 ETF in the fourth quarter valued at about $130,000. NewEdge Advisors LLC grew its position in First Trust Dorsey Wright International Focus 5 ETF by 3.3% during the 4th quarter. NewEdge Advisors LLC now owns 491,096 shares of the company’s stock worth $9,414,000 after purchasing an additional 15,697 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF during the fourth quarter valued at $25,009,000.

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

NASDAQ IFV traded down $0.20 on Friday, reaching $20.14. 16,996 shares of the stock were exchanged, compared to its average volume of 68,947. First Trust Dorsey Wright International Focus 5 ETF has a one year low of $18.48 and a one year high of $21.38. The company’s 50-day simple moving average is $19.86 and its two-hundred day simple moving average is $19.89. The firm has a market capitalization of $132.92 million, a PE ratio of 13.30 and a beta of 0.95.

First Trust Dorsey Wright International Focus 5 ETF Company Profile

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.