First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Short Interest Down 55.6% in July

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 5,200 shares, a drop of 55.6% from the June 30th total of 11,700 shares. Based on an average daily volume of 69,500 shares, the short-interest ratio is presently 0.1 days.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

Shares of FTRI stock traded up $0.12 during mid-day trading on Friday, hitting $13.28. The company’s stock had a trading volume of 81,735 shares, compared to its average volume of 89,148. The stock has a market cap of $169.32 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. The business has a 50-day moving average price of $13.33 and a 200 day moving average price of $13.07.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a dividend of $0.1896 per share. The ex-dividend date was Thursday, June 27th. This represents a $0.76 annualized dividend and a yield of 5.71%. This is a boost from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.06.

Institutional Trading of First Trust Indxx Global Natural Resources Income ETF

A number of institutional investors have recently made changes to their positions in FTRI. Peterson Wealth Services bought a new position in First Trust Indxx Global Natural Resources Income ETF during the fourth quarter valued at approximately $174,000. Janney Montgomery Scott LLC boosted its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 4.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 24,367 shares of the company’s stock worth $323,000 after buying an additional 1,093 shares during the last quarter. Clarus Wealth Advisors purchased a new position in shares of First Trust Indxx Global Natural Resources Income ETF in the 1st quarter worth $371,000. International Assets Investment Management LLC purchased a new stake in First Trust Indxx Global Natural Resources Income ETF during the fourth quarter valued at $424,000. Finally, Global Assets Advisory LLC lifted its holdings in 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 valued at $527,000 after acquiring an additional 4,500 shares during the period.

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.