First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) Short Interest Update

First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 200 shares, an increase of 100.0% from the May 15th total of 100 shares. Based on an average trading volume of 20,200 shares, the days-to-cover ratio is currently 0.0 days.

First Trust DorseyWright DALI 1 ETF Stock Performance

Shares of First Trust DorseyWright DALI 1 ETF stock traded down $0.18 on Friday, reaching $23.85. The stock had a trading volume of 387 shares, compared to its average volume of 21,016. The business’s 50-day moving average price is $23.43 and its two-hundred day moving average price is $22.89. First Trust DorseyWright DALI 1 ETF has a fifty-two week low of $21.18 and a fifty-two week high of $27.31. The stock has a market cap of $113.29 million, a P/E ratio of 6.12 and a beta of 0.75.

First Trust DorseyWright DALI 1 ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a $0.0046 dividend. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.08%. The ex-dividend date of this dividend was Thursday, March 21st.

Institutional Trading of First Trust DorseyWright DALI 1 ETF

An institutional investor recently raised its position in First Trust DorseyWright DALI 1 ETF stock. LPL Financial LLC lifted its position in First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) by 12.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 672,095 shares of the company’s stock after buying an additional 77,034 shares during the quarter. LPL Financial LLC owned about 10.93% of First Trust DorseyWright DALI 1 ETF worth $16,655,000 as of its most recent filing with the Securities and Exchange Commission.

First Trust DorseyWright DALI 1 ETF Company Profile

The First Trust Dorsey Wright DALI 1 ETF (DALI) is an exchange-traded fund that is based on the Nasdaq Dorsey Wright DALI1 index. The fund tracks an index that uses momentum indicators to rotate between asset classes. The fund holds a single asset class at a time and uses other First Trust ETFs for exposure.