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

First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) saw a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 34,900 shares, a drop of 13.0% from the November 15th total of 40,100 shares. Based on an average daily volume of 6,600 shares, the days-to-cover ratio is currently 5.3 days.

First Trust Dow Jones International Internet ETF Trading Up 1.0 %

Shares of FDNI traded up $0.30 during mid-day trading on Tuesday, reaching $28.91. The company had a trading volume of 2,188 shares, compared to its average volume of 5,628. The stock has a market cap of $40.47 million, a price-to-earnings ratio of 25.42 and a beta of 0.80. The firm has a fifty day simple moving average of $28.74 and a 200-day simple moving average of $26.02. First Trust Dow Jones International Internet ETF has a fifty-two week low of $20.58 and a fifty-two week high of $31.34.

First Trust Dow Jones International Internet ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a $0.222 dividend. The ex-dividend date of this dividend is Friday, December 13th.

Hedge Funds Weigh In On First Trust Dow Jones International Internet ETF

An institutional investor recently bought a new position in First Trust Dow Jones International Internet ETF stock. Flow Traders U.S. LLC bought a new stake in First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 8,130 shares of the company’s stock, valued at approximately $233,000. Flow Traders U.S. LLC owned 0.58% of First Trust Dow Jones International Internet ETF at the end of the most recent quarter.

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.