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

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

First Trust Dorsey Wright Focus 5 ETF Trading Up 1.8 %

First Trust Dorsey Wright Focus 5 ETF stock opened at $60.16 on Thursday. The firm has a market capitalization of $3.89 billion, a PE ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $49.73 and a 1-year high of $62.82. The firm’s 50 day simple moving average is $60.54 and its 200 day simple moving average is $58.18.

First Trust Dorsey Wright Focus 5 ETF Dividend Announcement

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

Institutional Trading of First Trust Dorsey Wright Focus 5 ETF

A number of hedge funds have recently bought and sold shares of FV. Choreo LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the second quarter valued at about $297,000. Zions Bancorporation N.A. bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth about $86,000. Thoroughbred Financial Services LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 16.4% during the second quarter. Thoroughbred Financial Services LLC now owns 9,238 shares of the company’s stock valued at $529,000 after buying an additional 1,300 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in First Trust Dorsey Wright Focus 5 ETF by 0.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 406,934 shares of the company’s stock valued at $23,304,000 after acquiring an additional 1,070 shares in the last quarter. Finally, Garden State Investment Advisory Services LLC boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 17.0% during the second quarter. Garden State Investment Advisory Services LLC now owns 35,121 shares of the company’s stock valued at $2,011,000 after buying an additional 5,100 shares during the last quarter.

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.