First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) Short Interest Down 13.2% in February

First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) was the target of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 22,300 shares, a decrease of 13.2% from the January 31st total of 25,700 shares. Based on an average daily trading volume, of 11,500 shares, the days-to-cover ratio is presently 1.9 days.

Institutional Trading of First Trust Dow Jones International Internet ETF

Several institutional investors have recently added to or reduced their stakes in FDNI. Jane Street Group LLC purchased a new stake in shares of First Trust Dow Jones International Internet ETF in the 3rd quarter worth $634,000. Flow Traders U.S. LLC purchased a new stake in First Trust Dow Jones International Internet ETF in the third quarter worth $233,000. GTS Securities LLC increased its holdings in First Trust Dow Jones International Internet ETF by 97.1% during the 4th quarter. GTS Securities LLC now owns 101,020 shares of the company’s stock worth $2,757,000 after purchasing an additional 49,765 shares during the period. Raymond James Financial Inc. purchased a new position in First Trust Dow Jones International Internet ETF during the fourth quarter valued at approximately $5,537,000. Finally, LPL Financial LLC raised its holdings in First Trust Dow Jones International Internet ETF by 6.4% in the fourth quarter. LPL Financial LLC now owns 94,790 shares of the company’s stock worth $2,587,000 after purchasing an additional 5,737 shares in the last quarter.

First Trust Dow Jones International Internet ETF Stock Performance

Shares of FDNI stock traded down $0.20 during trading hours on Thursday, hitting $33.03. 130,743 shares of the company were exchanged, compared to its average volume of 18,682. The company has a 50 day simple moving average of $29.48 and a two-hundred day simple moving average of $28.22. First Trust Dow Jones International Internet ETF has a fifty-two week low of $21.81 and a fifty-two week high of $34.12. The firm has a market cap of $42.94 million, a P/E ratio of 24.04 and a beta of 0.80.

First Trust Dow Jones International Internet ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.222 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.