First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) Short Interest Up 100.0% in May

Posted by Clark Linder on Jun 15th, 2024

First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI – Get Free Report) was the recipient of a significant increase in short interest during the month of 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 daily volume of 20,200 shares, the short-interest ratio is currently 0.0 days.

First Trust DorseyWright DALI 1 ETF Trading Down 0.7 %

Shares of NASDAQ DALI traded down $0.18 during mid-day trading on Friday, reaching $23.85. The company had a trading volume of 387 shares, compared to its average volume of 21,016. The business’s 50-day moving average is $23.43 and its 200-day moving average is $22.89. The stock has a market cap of $113.29 million, a price-to-earnings ratio of 6.12 and a beta of 0.75. First Trust DorseyWright DALI 1 ETF has a 52 week low of $21.18 and a 52 week high of $27.31.

First Trust DorseyWright DALI 1 ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.0046 per share. This represents a $0.02 annualized dividend and a yield of 0.08%. The ex-dividend date was Thursday, March 21st.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in First Trust DorseyWright DALI 1 ETF stock. LPL Financial LLC boosted its holdings in shares of First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI – Free Report) by 12.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 672,095 shares of the company’s stock after acquiring an additional 77,034 shares during the period. 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 (SEC).

About First Trust DorseyWright DALI 1 ETF

(Get Free Report)

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.