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

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) was the target of a large decrease in short interest in November. As of November 15th, there was short interest totalling 100 shares, a decrease of 75.0% from the October 31st total of 400 shares. Based on an average daily trading volume, of 56,400 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On First Trust Indxx Global Natural Resources Income ETF

Several institutional investors and hedge funds have recently modified their holdings of FTRI. B. Riley Wealth Advisors Inc. increased 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 acquiring an additional 10,706 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 14.0% in 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 last quarter. Cetera Investment Advisers lifted its position in shares of First Trust Indxx Global Natural Resources Income ETF by 106.1% in the first quarter. Cetera Investment Advisers now owns 264,087 shares of the company’s stock worth $3,506,000 after buying an additional 135,961 shares in the last quarter. Cetera Advisors LLC boosted its stake in First Trust Indxx Global Natural Resources Income ETF by 42.7% during the first quarter. Cetera Advisors LLC now owns 219,796 shares of the company’s stock valued at $2,918,000 after buying an additional 65,725 shares during the last quarter. Finally, Park National Corp OH boosted its stake in First Trust Indxx Global Natural Resources Income ETF by 3.2% during the second quarter. Park National Corp OH now owns 338,853 shares of the company’s stock valued at $4,395,000 after buying an additional 10,499 shares during the last quarter.

First Trust Indxx Global Natural Resources Income ETF Price Performance

Shares of NASDAQ:FTRI traded up $0.07 during trading on Wednesday, hitting $13.07. 31,861 shares of the company’s stock were exchanged, compared to its average volume of 78,266. The business’s 50-day simple moving average is $13.30 and its 200 day simple moving average is $13.29. The company has a market cap of $130.70 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.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.1605 per share. This represents a $0.64 dividend on an annualized basis and a yield of 4.91%. The ex-dividend date of this dividend was Thursday, September 26th.

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.