First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Short Interest Up 141.2% in September

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 4,100 shares, a growth of 141.2% from the August 31st total of 1,700 shares. Based on an average daily trading volume, of 89,500 shares, the days-to-cover ratio is presently 0.0 days.

First Trust Indxx Global Natural Resources Income ETF Stock Up 0.4 %

NASDAQ FTRI opened at $13.55 on Friday. The company has a fifty day moving average of $13.18 and a two-hundred day moving average of $13.30. The firm has a market capitalization of $169.38 million, a price-to-earnings ratio of 6.13 and a beta of 0.94. First Trust Indxx Global Natural Resources Income ETF has a 52 week low of $11.94 and a 52 week high of $14.12.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, September 26th will be paid a dividend of $0.1605 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 4.74%. The ex-dividend date is Thursday, September 26th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Waterfront Wealth Inc. bought a new position in shares of First Trust Indxx Global Natural Resources Income ETF in the second quarter worth about $201,000. Janney Montgomery Scott LLC grew its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 4.7% in the first quarter. Janney Montgomery Scott LLC now owns 24,367 shares of the company’s stock worth $323,000 after purchasing an additional 1,093 shares during the last quarter. Clarus Wealth Advisors bought a new position in shares of First Trust Indxx Global Natural Resources Income ETF in the first quarter worth about $371,000. Global Assets Advisory LLC grew its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 12.5% in the fourth quarter. Global Assets Advisory LLC now owns 40,500 shares of the company’s stock worth $530,000 after purchasing an additional 4,500 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of First Trust Indxx Global Natural Resources Income ETF in the second quarter worth about $570,000.

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.