First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) Short Interest Update

First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) was the recipient of a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 4,000 shares, a decline of 20.0% from the November 15th total of 5,000 shares. Based on an average trading volume of 4,100 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Investors Weigh In On First Trust Dorsey Wright Momentum & Value ETF

An institutional investor recently raised its position in First Trust Dorsey Wright Momentum & Value ETF stock. Private Advisory Group LLC raised its stake in First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) by 310.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 127,732 shares of the company’s stock after buying an additional 96,601 shares during the quarter. Private Advisory Group LLC owned approximately 11.61% of First Trust Dorsey Wright Momentum & Value ETF worth $3,582,000 at the end of the most recent quarter.

First Trust Dorsey Wright Momentum & Value ETF Trading Down 1.0 %

Shares of NASDAQ DVLU opened at $30.43 on Monday. The stock has a market cap of $31.95 million, a PE ratio of 8.64 and a beta of 1.18. First Trust Dorsey Wright Momentum & Value ETF has a 12-month low of $25.18 and a 12-month high of $33.06. The company has a 50-day moving average of $31.53 and a 200 day moving average of $30.03.

First Trust Dorsey Wright Momentum & Value ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a $0.1407 dividend. The ex-dividend date of this dividend is Friday, December 13th.

About First Trust Dorsey Wright Momentum & Value ETF

The First Trust Dorsey Wright Momentum & Value ETF (DVLU) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Value index. The fund tracks an index of 50 large- and mid-cap value stocks exhibiting relative strength. Holdings are weighted by value metrics. DVLU was launched on Sep 5, 2018 and is managed by First Trust.