Short Interest in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Expands By 233.3%

by · The Markets Daily

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI – Get Free Report) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 1,000 shares, a growth of 233.3% from the January 15th total of 300 shares. Based on an average daily trading volume, of 62,900 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On First Trust Indxx Global Natural Resources Income ETF

A number of hedge funds have recently bought and sold shares of FTRI. Sanctuary Advisors LLC purchased a new stake in First Trust Indxx Global Natural Resources Income ETF during the second quarter valued at $570,000. RFG Advisory LLC raised its stake in First Trust Indxx Global Natural Resources Income ETF by 19.7% during the third quarter. RFG Advisory LLC now owns 233,571 shares of the company’s stock valued at $3,150,000 after purchasing an additional 38,373 shares in the last quarter. Cherry Creek Investment Advisors Inc. purchased a new stake in First Trust Indxx Global Natural Resources Income ETF during the third quarter valued at $195,000. Global Assets Advisory LLC purchased a new stake in First Trust Indxx Global Natural Resources Income ETF during the third quarter valued at $260,000. Finally, Focus Financial Network Inc. raised its stake in First Trust Indxx Global Natural Resources Income ETF by 7.6% during the third quarter. Focus Financial Network Inc. now owns 15,912 shares of the company’s stock valued at $215,000 after purchasing an additional 1,127 shares in the last quarter.

First Trust Indxx Global Natural Resources Income ETF Price Performance

Shares of FTRI stock traded up $0.06 during mid-day trading on Thursday, hitting $12.70. The company had a trading volume of 1,948 shares, compared to its average volume of 49,950. First Trust Indxx Global Natural Resources Income ETF has a 52-week low of $11.79 and a 52-week high of $14.12. The stock’s 50 day moving average price is $12.46 and its 200-day moving average price is $12.95. The company has a market capitalization of $105.37 million, a P/E ratio of 6.13 and a beta of 0.94.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.1047 per share. This is an increase from First Trust Indxx Global Natural Resources Income ETF’s previous dividend of $0.06. The ex-dividend date was Friday, December 13th.

About First Trust Indxx Global Natural Resources Income ETF

(Get Free Report)

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.

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