First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI) Short Interest Down 99.0% in February

First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI) was the recipient of a large drop in short interest in February. As of February 13th, there was short interest totaling 95 shares, a drop of 99.0% from the January 29th total of 9,747 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 8,518 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 8,518 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On First Trust Dorsey Wright DALI Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Holos Integrated Wealth LLC acquired a new stake in shares of First Trust Dorsey Wright DALI Equity ETF during the 4th quarter valued at about $77,000. Kestra Advisory Services LLC acquired a new stake in First Trust Dorsey Wright DALI Equity ETF in the fourth quarter valued at approximately $191,000. Stifel Financial Corp acquired a new stake in First Trust Dorsey Wright DALI Equity ETF in the fourth quarter valued at approximately $251,000. Keel Point LLC grew its position in First Trust Dorsey Wright DALI Equity ETF by 8.7% in the fourth quarter. Keel Point LLC now owns 16,279 shares of the company’s stock worth $468,000 after acquiring an additional 1,303 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new position in shares of First Trust Dorsey Wright DALI Equity ETF during the 3rd quarter worth $1,157,000.

First Trust Dorsey Wright DALI Equity ETF Stock Performance

DALI opened at $30.61 on Thursday. The company has a market capitalization of $123.99 million, a PE ratio of 20.39 and a beta of 0.72. The stock’s fifty day moving average is $29.87 and its 200-day moving average is $28.69. First Trust Dorsey Wright DALI Equity ETF has a one year low of $20.82 and a one year high of $30.97.

First Trust Dorsey Wright DALI Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $0.0352 dividend. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Friday, December 12th.

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.