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

Posted by Bonnie Powley on Dec 29th, 2024

First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU – Get Free Report) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 9,100 shares, an increase of 127.5% from the November 30th total of 4,000 shares. Based on an average daily trading volume, of 4,400 shares, the days-to-cover ratio is currently 2.1 days.

Institutional Trading of First Trust Dorsey Wright Momentum & Value ETF

An institutional investor recently raised its position in First Trust Dorsey Wright Momentum & Value ETF stock. Commonwealth Equity Services LLC lifted its holdings in First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU – Free Report) by 0.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 555,882 shares of the company’s stock after buying an additional 2,150 shares during the period. Commonwealth Equity Services LLC owned about 50.53% of First Trust Dorsey Wright Momentum & Value ETF worth $15,587,000 as of its most recent SEC filing.

First Trust Dorsey Wright Momentum & Value ETF Stock Performance

NASDAQ DVLU opened at $29.30 on Friday. The firm has a market capitalization of $30.77 million, a PE ratio of 8.64 and a beta of 1.18. First Trust Dorsey Wright Momentum & Value ETF has a one year low of $25.18 and a one year high of $33.06. The company has a 50-day simple moving average of $31.14 and a 200-day simple moving average of $30.08.

First Trust Dorsey Wright Momentum & Value ETF Dividend Announcement

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

First Trust Dorsey Wright Momentum & Value ETF Company Profile

(Get Free Report)

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.