Short Interest in First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) Declines By 8.3%

First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) saw a significant drop in short interest in April. As of April 15th, there was short interest totalling 1,100 shares, a drop of 8.3% from the March 31st total of 1,200 shares. Based on an average trading volume of 20,800 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of First Trust DorseyWright DALI 1 ETF

An institutional investor recently bought a new position in First Trust DorseyWright DALI 1 ETF stock. Pathstone Family Office LLC bought a new position in First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 56,666 shares of the company’s stock, valued at approximately $1,404,000. Pathstone Family Office LLC owned about 0.92% of First Trust DorseyWright DALI 1 ETF at the end of the most recent quarter.

First Trust DorseyWright DALI 1 ETF Stock Performance

DALI stock traded up $0.16 during midday trading on Monday, reaching $23.19. 29,695 shares of the company traded hands, compared to its average volume of 22,487. The firm has a market capitalization of $111.31 million, a price-to-earnings ratio of 5.84 and a beta of 0.75. First Trust DorseyWright DALI 1 ETF has a 52-week low of $21.18 and a 52-week high of $27.31. The business has a 50 day moving average of $23.38 and a 200-day moving average of $22.76.

First Trust DorseyWright DALI 1 ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a dividend of $0.0046 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.02 annualized dividend and a yield of 0.08%.

First Trust DorseyWright DALI 1 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.