First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Short Interest Up 300.0% in June

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) saw a large increase in short interest in June. As of June 15th, there was short interest totalling 800 shares, an increase of 300.0% from the May 31st total of 200 shares. Based on an average trading volume of 59,800 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On First Trust Indxx Global Natural Resources Income ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Cetera Advisors LLC increased its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 42.7% in the 1st quarter. Cetera Advisors LLC now owns 219,796 shares of the company’s stock worth $2,918,000 after acquiring an additional 65,725 shares during the last quarter. Cetera Investment Advisers increased its position in First Trust Indxx Global Natural Resources Income ETF by 106.1% during the first quarter. Cetera Investment Advisers now owns 264,087 shares of the company’s stock worth $3,506,000 after purchasing an additional 135,961 shares during the last quarter. Jane Street Group LLC raised its stake in First Trust Indxx Global Natural Resources Income ETF by 14.0% during the first quarter. Jane Street Group LLC now owns 393,753 shares of the company’s stock worth $5,227,000 after purchasing an additional 48,251 shares during the period. B. Riley Wealth Advisors Inc. boosted its holdings in First Trust Indxx Global Natural Resources Income ETF by 17.9% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 70,379 shares of the company’s stock valued at $889,000 after purchasing an additional 10,706 shares during the last quarter. Finally, CreativeOne Wealth LLC purchased a new stake in shares of First Trust Indxx Global Natural Resources Income ETF in the 1st quarter valued at approximately $593,000.

First Trust Indxx Global Natural Resources Income ETF Trading Down 0.2 %

FTRI stock traded down $0.02 during mid-day trading on Friday, reaching $12.97. The company’s stock had a trading volume of 93,843 shares, compared to its average volume of 86,672. The company’s 50 day moving average is $13.50 and its two-hundred day moving average is $13.03. First Trust Indxx Global Natural Resources Income ETF has a fifty-two week low of $11.94 and a fifty-two week high of $14.12. The stock has a market cap of $179.63 million, a PE ratio of 6.13 and a beta of 0.94.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 27th will be issued a $0.1896 dividend. This represents a $0.76 annualized dividend and a dividend yield of 5.85%. The ex-dividend date of this dividend is Thursday, June 27th. This is a boost from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.06.

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.