First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI) Short Interest Update

First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI) saw a large drop in short interest in December. As of December 31st, there was short interest totaling 11 shares, a drop of 94.3% from the December 15th total of 194 shares. Based on an average daily trading volume, of 5,500 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 5,500 shares, the short-interest ratio is currently 0.0 days.

First Trust Dorsey Wright DALI Equity ETF Trading Down 0.2%

NASDAQ DALI opened at $30.14 on Wednesday. First Trust Dorsey Wright DALI Equity ETF has a 12 month low of $20.82 and a 12 month high of $30.26. The stock’s fifty day moving average price is $28.66 and its 200-day moving average price is $27.98. The stock has a market cap of $123.57 million, a P/E ratio of 20.39 and a beta of 0.72.

First Trust Dorsey Wright DALI Equity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a dividend of $0.0352 per share. This represents a $0.14 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Friday, December 12th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Holos Integrated Wealth LLC bought a new stake in shares of First Trust Dorsey Wright DALI Equity ETF during the fourth quarter valued at approximately $77,000. Citadel Advisors LLC bought a new position in First Trust Dorsey Wright DALI Equity ETF in the 3rd quarter valued at approximately $1,157,000. Finally, Prospera Financial Services Inc boosted its stake in First Trust Dorsey Wright DALI Equity ETF by 1.9% during the 2nd quarter. Prospera Financial Services Inc now owns 165,970 shares of the company’s stock valued at $4,395,000 after purchasing an additional 3,081 shares during the last quarter.

First Trust Dorsey Wright DALI Equity 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. DALI was launched on May 14, 2018 and is managed by First Trust.