Short Interest in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Drops By 72.5%

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totalling 10,200 shares, a decline of 72.5% from the December 15th total of 37,100 shares. Based on an average daily volume of 55,500 shares, the days-to-cover ratio is presently 0.2 days.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in FTRI. Cetera Investment Advisers raised its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 22.6% during the 2nd quarter. Cetera Investment Advisers now owns 323,848 shares of the company’s stock worth $4,200,000 after buying an additional 59,761 shares in the last quarter. CreativeOne Wealth LLC bought a new position in First Trust Indxx Global Natural Resources Income ETF in the third quarter valued at about $621,000. Sanctuary Advisors LLC acquired a new position in First Trust Indxx Global Natural Resources Income ETF during the second quarter worth about $570,000. RFG Advisory LLC lifted its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 19.7% in the third quarter. RFG Advisory LLC now owns 233,571 shares of the company’s stock worth $3,150,000 after acquiring an additional 38,373 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in shares of First Trust Indxx Global Natural Resources Income ETF in the 3rd quarter valued at approximately $451,000.

First Trust Indxx Global Natural Resources Income ETF Trading Up 0.9 %

First Trust Indxx Global Natural Resources Income ETF stock traded up $0.11 during trading hours on Monday, reaching $12.43. 256,107 shares of the stock were exchanged, compared to its average volume of 70,758. The stock has a 50 day moving average of $12.63 and a two-hundred day moving average of $13.04. The company has a market cap of $103.17 million, a P/E ratio of 6.13 and a beta of 0.94. First Trust Indxx Global Natural Resources Income ETF has a twelve month low of $11.79 and a twelve month high of $14.12.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

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

First Trust Indxx Global Natural Resources Income ETF Company Profile

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.