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

First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) was the target of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 40,100 shares, a drop of 34.9% from the October 31st total of 61,600 shares. Based on an average trading volume of 6,600 shares, the short-interest ratio is presently 6.1 days.

Institutional Trading of First Trust Dow Jones International Internet ETF

A hedge fund recently bought a new stake in First Trust Dow Jones International Internet ETF stock. Flow Traders U.S. LLC acquired a new position in shares of First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 8,130 shares of the company’s stock, valued at approximately $233,000. Flow Traders U.S. LLC owned about 0.58% of First Trust Dow Jones International Internet ETF as of its most recent SEC filing.

First Trust Dow Jones International Internet ETF Trading Up 0.1 %

Shares of First Trust Dow Jones International Internet ETF stock traded up $0.03 during mid-day trading on Friday, hitting $28.93. 5,352 shares of the stock were exchanged, compared to its average volume of 5,629. The stock has a market capitalization of $40.50 million, a price-to-earnings ratio of 25.42 and a beta of 0.80. First Trust Dow Jones International Internet ETF has a twelve month low of $20.58 and a twelve month high of $31.34. The company has a 50-day simple moving average of $28.73 and a 200 day simple moving average of $25.68.

First Trust Dow Jones International Internet ETF Company Profile

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.