First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Sees Large Decrease in Short Interest

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 31,936 shares, a decrease of 66.3% from the December 15th total of 94,693 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 110,462 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 110,462 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

First Trust Dorsey Wright Focus 5 ETF Stock Up 0.1%

First Trust Dorsey Wright Focus 5 ETF stock opened at $66.34 on Tuesday. The firm has a 50 day moving average price of $62.48 and a 200-day moving average price of $61.62. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $47.04 and a twelve month high of $66.38. The company has a market capitalization of $3.79 billion, a P/E ratio of 19.48 and a beta of 1.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a $0.1355 dividend. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. This represents a $0.54 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, December 12th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Commonwealth Equity Services LLC lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.3% during the second quarter. Commonwealth Equity Services LLC now owns 2,853,870 shares of the company’s stock valued at $169,120,000 after purchasing an additional 8,043 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 11.4% during the 3rd quarter. NewEdge Advisors LLC now owns 940,514 shares of the company’s stock valued at $58,237,000 after buying an additional 96,612 shares in the last quarter. Prospera Financial Services Inc boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.7% in the 2nd quarter. Prospera Financial Services Inc now owns 812,251 shares of the company’s stock worth $48,139,000 after buying an additional 21,728 shares during the period. Osaic Holdings Inc. grew its stake in First Trust Dorsey Wright Focus 5 ETF by 2.8% in the 2nd quarter. Osaic Holdings Inc. now owns 805,352 shares of the company’s stock valued at $47,729,000 after buying an additional 21,720 shares in the last quarter. Finally, Concurrent Investment Advisors LLC raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.4% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 576,838 shares of the company’s stock valued at $34,183,000 after acquiring an additional 2,236 shares during the period.

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.