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

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 10,600 shares, an increase of 158.5% from the September 15th total of 4,100 shares. Based on an average daily volume of 80,300 shares, the days-to-cover ratio is presently 0.1 days.

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

Shares of NASDAQ FTRI opened at $13.69 on Friday. First Trust Indxx Global Natural Resources Income ETF has a 12-month low of $11.94 and a 12-month high of $14.12. The stock’s fifty day simple moving average is $13.26 and its two-hundred day simple moving average is $13.36. The stock has a market capitalization of $140.27 million, a PE ratio of 6.13 and a beta of 0.94.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.1605 per share. This represents a $0.64 annualized dividend and a yield of 4.69%. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FTRI. Global Assets Advisory LLC boosted its holdings in First Trust Indxx Global Natural Resources Income ETF by 12.5% in the 4th quarter. Global Assets Advisory LLC now owns 40,500 shares of the company’s stock worth $530,000 after buying an additional 4,500 shares during the last quarter. Park National Corp OH increased its holdings in First Trust Indxx Global Natural Resources Income ETF by 0.8% in the first quarter. Park National Corp OH now owns 328,354 shares of the company’s stock valued at $4,359,000 after buying an additional 2,458 shares during the last quarter. Clarus Wealth Advisors acquired a new position in shares of First Trust Indxx Global Natural Resources Income ETF during the 1st quarter worth about $371,000. Commonwealth Equity Services LLC boosted its holdings in First Trust Indxx Global Natural Resources Income ETF by 3.8% in the first quarter. Commonwealth Equity Services LLC now owns 1,532,421 shares of the company’s stock valued at $20,343,000 after purchasing an additional 56,435 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of First Trust Indxx Global Natural Resources Income ETF by 4.7% during 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.

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.