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

First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 11 shares, a decrease of 94.2% from the April 30th total of 190 shares. Based on an average trading volume of 3,164 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Trading of First Trust Dorsey Wright DALI Equity ETF

Large investors have recently bought and sold shares of the business. Holos Integrated Wealth LLC purchased a new stake in First Trust Dorsey Wright DALI Equity ETF during the 4th quarter valued at about $77,000. Citadel Advisors LLC purchased a new stake in First Trust Dorsey Wright DALI Equity ETF during the 3rd quarter valued at about $1,157,000. Keel Point LLC grew its stake in First Trust Dorsey Wright DALI Equity ETF by 8.7% during the 4th quarter. Keel Point LLC now owns 16,279 shares of the company’s stock valued at $468,000 after acquiring an additional 1,303 shares in the last quarter. Stifel Financial Corp purchased a new stake in First Trust Dorsey Wright DALI Equity ETF during the 4th quarter valued at about $251,000. Finally, Kestra Advisory Services LLC purchased a new stake in First Trust Dorsey Wright DALI Equity ETF during the 4th quarter valued at about $191,000.

First Trust Dorsey Wright DALI Equity ETF Price Performance

NASDAQ DALI traded down $0.27 during trading hours on Wednesday, hitting $31.03. 4,929 shares of the company’s stock traded hands, compared to its average volume of 7,913. First Trust Dorsey Wright DALI Equity ETF has a 52-week low of $25.11 and a 52-week high of $31.46. The company has a market capitalization of $116.36 million, a PE ratio of 20.39 and a beta of 0.74. The firm’s 50-day moving average is $29.48 and its 200-day moving average is $29.29.

First Trust Dorsey Wright DALI Equity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a dividend of $0.0212 per share. This represents a $0.08 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Thursday, March 26th.

About First Trust Dorsey Wright DALI Equity ETF

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.