First Trust Dorsey Wright DALI 1 ETF (NASDAQ:DALI) Short Interest Up 15.8% in April

growth of 26.8% from the April 15th total of 33,600 shares. Based on an average daily trading volume, of 8,200 shares, the short-interest ratio is presently 5.2 days. The First Trust Dorsey Wright DALI 1 ETF saw a large growth in short interest during the month of April.

() experienced a significant increase in short interest throughout the month of March. On April 30, there were 42,500 short shares, an increase of 15.8% over the 36,700 total shares on April 15, 2008. The short-interest rate is currently 2.4 working days based on an average trading volume (17,600 shares).

First Trust Dorsey Wright ETF: Institutional Investors weigh in

Recently, hedge funds and institutional investors increased or decreased their stakes. Total Clarity Wealth Management Inc. increased its stake in First Trust Dorsey Wright DALI ETF shares by 80.3% over the fourth quarter. Total Clarity Wealth Management Inc. owns 39.997 shares valued at $971,000, after purchasing an additional 17,817 during the period. International Assets Investment Management LLC purchased shares of First Trust Dorsey Wright DALI1 ETF in the fourth quarter, valued at approximately $247,000. Strid Group LLC increased its stake in First Trust Dorsey Wright DALI1 ETF by 3.9% during the fourth quarter. Strid Group LLC owns 4,109.961 shares worth $99,790,000, after purchasing an additional 155.721 shares during the last quarter. Raymond James & Associates increased its stake in First Trust Dorsey Wright DALI ETF by 12.7% during the third quarter. Raymond James & Associates owns 138.729 shares worth $3,336,000, after purchasing an additional 15,658 in the last quarter. The stock fell $0.07 at midday on Friday to reach $25.51. Stock traded 7,249 shares versus its average of 17,869. The company has a simple fifty-day moving average of $25.34, and a simple two hundred day moving average at $25.10. First Trust Dorsey Wright DALI1 ETF's 52-week low is $23.72 while its 52-week highest is $28.70.

First Trust Dorsey Wright DALI1 ETF Reduces Dividend

A quarterly dividend was also declared by the business and paid out on March 31st. Dividends were paid to shareholders who had their shares in the company's records on Monday, 27th March. This is a $0.25 dividend annualized and yields 0.99%. The ex-dividend day was Friday, 24th March.

First Trust Dorsey Wright DALI1 ETF

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First Trust Dorsey Wright DALI 1 Exchange Traded Fund (DALI) is a fund that tracks the Nasdaq Dorsey Wright DALI1 Index. The fund follows an index which uses momentum indicators to switch between asset classes. The fund only holds one asset class and uses First Trust ETFs to gain exposure.

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