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

First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 10,782 shares, an increase of 11,249.5% from the February 12th total of 95 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 7,744 shares, the short-interest ratio is currently 1.4 days. Based on an average trading volume of 7,744 shares, the short-interest ratio is currently 1.4 days. Approximately 0.3% of the shares of the company are short sold.

First Trust Dorsey Wright DALI Equity ETF Trading Down 0.2%

DALI opened at $28.46 on Thursday. The stock’s 50 day simple moving average is $29.86 and its 200-day simple moving average is $28.81. The stock has a market cap of $115.26 million, a PE ratio of 20.39 and a beta of 0.72. First Trust Dorsey Wright DALI Equity ETF has a 1 year low of $20.82 and a 1 year high of $30.97.

Hedge Funds Weigh In On First Trust Dorsey Wright DALI Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Prospera Financial Services Inc boosted its position in shares of 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 acquiring an additional 3,081 shares in the last quarter. Citadel Advisors LLC acquired a new stake in First Trust Dorsey Wright DALI Equity ETF during the third quarter valued at approximately $1,157,000. Keel Point LLC boosted its holdings in First Trust Dorsey Wright DALI Equity ETF by 8.7% during the fourth quarter. Keel Point LLC now owns 16,279 shares of the company’s stock valued at $468,000 after purchasing an additional 1,303 shares in the last quarter. Stifel Financial Corp bought a new stake in shares of First Trust Dorsey Wright DALI Equity ETF in the 4th quarter valued at approximately $251,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of First Trust Dorsey Wright DALI Equity ETF in the 4th quarter valued at approximately $191,000.

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.