First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Short Interest Up 760.0% in February

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 8,600 shares, a growth of 760.0% from the January 31st total of 1,000 shares. Based on an average trading volume of 63,500 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On First Trust Indxx Global Natural Resources Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Focus Financial Network Inc. lifted its stake in First Trust Indxx Global Natural Resources Income ETF by 7.6% in the third quarter. Focus Financial Network Inc. now owns 15,912 shares of the company’s stock worth $215,000 after acquiring an additional 1,127 shares during the period. CreativeOne Wealth LLC bought a new stake in shares of First Trust Indxx Global Natural Resources Income ETF in the 3rd quarter valued at about $621,000. Flow Traders U.S. LLC purchased a new stake in shares of First Trust Indxx Global Natural Resources Income ETF in the 3rd quarter worth approximately $451,000. Columbia Advisory Partners LLC lifted its position in shares of First Trust Indxx Global Natural Resources Income ETF by 6.6% in the 4th quarter. Columbia Advisory Partners LLC now owns 29,642 shares of the company’s stock worth $356,000 after purchasing an additional 1,836 shares during the period. Finally, Koshinski Asset Management Inc. boosted its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 3.2% during the fourth quarter. Koshinski Asset Management Inc. now owns 29,131 shares of the company’s stock valued at $350,000 after purchasing an additional 914 shares in the last quarter.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

Shares of NASDAQ FTRI remained flat at $12.48 during trading hours on Friday. The company had a trading volume of 17,198 shares, compared to its average volume of 48,456. First Trust Indxx Global Natural Resources Income ETF has a 12-month low of $11.79 and a 12-month high of $14.12. The firm has a market cap of $103.58 million, a price-to-earnings ratio of 6.13 and a beta of 0.94. The company has a 50-day moving average price of $12.49 and a two-hundred day moving average price of $12.92.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.1047 dividend. This is a boost from First Trust Indxx Global Natural Resources Income ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Friday, December 13th.

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.