First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Sees Significant Decline in Short Interest

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the target of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 100 shares, a decrease of 75.0% from the October 31st total of 400 shares. Based on an average daily volume of 56,400 shares, the days-to-cover ratio is presently 0.0 days.

First Trust Indxx Global Natural Resources Income ETF Trading Up 0.7 %

FTRI stock traded up $0.10 during midday trading on Friday, reaching $13.17. The company had a trading volume of 8,415 shares, compared to its average volume of 77,964. The company has a 50 day moving average of $13.29 and a two-hundred day moving average of $13.28. The company has a market capitalization of $131.65 million, a P/E ratio of 6.13 and a beta of 0.94. First Trust Indxx Global Natural Resources Income ETF has a 1 year low of $11.94 and a 1 year high of $14.12.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.1605 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.64 annualized dividend and a dividend yield of 4.88%.

Institutional Trading of First Trust Indxx Global Natural Resources Income ETF

Institutional investors have recently bought and sold shares of the company. Focus Financial Network Inc. lifted its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 7.6% in the 3rd 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 during the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in First Trust Indxx Global Natural Resources Income ETF by 3.8% during the second quarter. Nations Financial Group Inc. IA ADV now owns 46,374 shares of the company’s stock valued at $601,000 after buying an additional 1,692 shares in the last quarter. Park National Corp OH lifted its position in shares of First Trust Indxx Global Natural Resources Income ETF by 3.2% in the second quarter. Park National Corp OH now owns 338,853 shares of the company’s stock worth $4,395,000 after buying an additional 10,499 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 17.9% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 70,379 shares of the company’s stock worth $889,000 after acquiring an additional 10,706 shares in the last quarter. Finally, Cherry Creek Investment Advisors Inc. acquired a new position in shares of First Trust Indxx Global Natural Resources Income ETF during the 3rd quarter valued at about $195,000.

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.