First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) Sees Significant Growth in Short Interest

First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,900 shares, a growth of 137.5% from the December 15th total of 800 shares. Based on an average daily volume of 7,300 shares, the short-interest ratio is currently 0.3 days.

First Trust RiverFront Dynamic Developed International ETF Trading Down 0.0 %

Shares of NASDAQ:RFDI traded down $0.01 during mid-day trading on Tuesday, reaching $61.28. The stock had a trading volume of 4,885 shares, compared to its average volume of 16,036. The business’s 50 day moving average price is $62.79 and its 200 day moving average price is $64.83. First Trust RiverFront Dynamic Developed International ETF has a 1 year low of $59.82 and a 1 year high of $68.36. The company has a market cap of $102.34 million, a P/E ratio of 10.90 and a beta of 0.94.

First Trust RiverFront Dynamic Developed International ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $1.1513 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Trading of First Trust RiverFront Dynamic Developed International ETF

Several hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC increased its stake in First Trust RiverFront Dynamic Developed International ETF by 80.0% during the third quarter. GAMMA Investing LLC now owns 4,578 shares of the company’s stock worth $308,000 after acquiring an additional 2,034 shares during the last quarter. ERn Financial LLC increased its position in shares of First Trust RiverFront Dynamic Developed International ETF by 3.8% during the 4th quarter. ERn Financial LLC now owns 14,497 shares of the company’s stock valued at $891,000 after purchasing an additional 524 shares during the last quarter. Benjamin Edwards Inc. bought a new position in shares of First Trust RiverFront Dynamic Developed International ETF during the 3rd quarter valued at approximately $949,000. Cetera Investment Advisers raised its holdings in First Trust RiverFront Dynamic Developed International ETF by 274.0% during the 2nd quarter. Cetera Investment Advisers now owns 18,625 shares of the company’s stock valued at $1,185,000 after buying an additional 13,645 shares during the period. Finally, Flow Traders U.S. LLC lifted its position in First Trust RiverFront Dynamic Developed International ETF by 889.9% in the third quarter. Flow Traders U.S. LLC now owns 78,617 shares of the company’s stock worth $5,295,000 after buying an additional 70,675 shares during the last quarter.

First Trust RiverFront Dynamic Developed International ETF Company Profile

The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an exchange-traded fund that is based on the FTSE Developed ex U.S. index. The fund is an actively-managed fund that seeks capital appreciation from developed-country stocks (excluding the US) selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio.