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

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 1,900 shares, a growth of 533.3% from the February 13th total of 300 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 73,900 shares, the days-to-cover ratio is currently 0.0 days.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

IFV stock traded up $0.26 during midday trading on Friday, reaching $20.15. The company’s stock 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 1 year low of $18.48 and a 1 year high of $21.38. The firm has a market capitalization of $132.99 million, a price-to-earnings ratio of 13.29 and a beta of 0.95. The stock has a fifty day simple moving average of $19.54 and a two-hundred day simple moving average of $19.90.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Topsail Wealth Management LLC purchased a new stake in First Trust Dorsey Wright International Focus 5 ETF in the 4th quarter valued at about $130,000. Steward Partners Investment Advisory LLC boosted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 26.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 14,725 shares of the company’s stock valued at $282,000 after purchasing an additional 3,105 shares during the period. Cushing Capital Partners LLC bought a new position in First Trust Dorsey Wright International Focus 5 ETF in the fourth quarter worth approximately $406,000. Arkadios Wealth Advisors grew its stake in First Trust Dorsey Wright International Focus 5 ETF by 7.6% in the fourth quarter. Arkadios Wealth Advisors now owns 33,228 shares of the company’s stock worth $637,000 after purchasing an additional 2,333 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 3.3% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 36,622 shares of the company’s stock worth $771,000 after purchasing an additional 1,162 shares during the period.

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.