First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) Short Interest Update

First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 29,200 shares, an increase of 7.4% from the September 15th total of 27,200 shares. Based on an average daily trading volume, of 7,600 shares, the short-interest ratio is currently 3.8 days.

First Trust Dow Jones International Internet ETF Price Performance

NASDAQ:FDNI traded down $0.53 during midday trading on Thursday, hitting $27.88. The company’s stock had a trading volume of 4,286 shares, compared to its average volume of 5,189. First Trust Dow Jones International Internet ETF has a fifty-two week low of $19.11 and a fifty-two week high of $31.34. The firm has a market cap of $39.03 million, a P/E ratio of 25.42 and a beta of 0.80. The firm’s 50 day moving average is $26.03 and its 200-day moving average is $24.52.

Institutional Investors Weigh In On First Trust Dow Jones International Internet ETF

A hedge fund recently raised its stake in First Trust Dow Jones International Internet ETF stock. Integrated Advisors Network LLC grew its position in First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 26,079 shares of the company’s stock after acquiring an additional 632 shares during the period. Integrated Advisors Network LLC owned about 2.17% of First Trust Dow Jones International Internet ETF worth $587,000 at the end of the most recent quarter.

About First Trust Dow Jones International Internet ETF

The First Trust Dow Jones International Internet ETF (FDNI) is an exchange-traded fund that is based on the Dow Jones International Internet index, a market-cap-weighted index that holds a concentrated portfolio of the largest internet services and commerce companies outside of the US. FDNI was launched on Nov 5, 2018 and is managed by First Trust.