First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI) Short Interest Down 98.1% in March

First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 206 shares, a decrease of 98.1% from the February 26th total of 10,782 shares. Based on an average daily volume of 13,726 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

First Trust Dorsey Wright DALI Equity ETF Trading Up 2.0%

First Trust Dorsey Wright DALI Equity ETF stock opened at $27.91 on Thursday. First Trust Dorsey Wright DALI Equity ETF has a 1-year low of $20.82 and a 1-year high of $30.97. The firm’s fifty day simple moving average is $29.44 and its 200-day simple moving average is $28.82. The company has a market capitalization of $113.04 million, a P/E ratio of 20.39 and a beta of 0.72.

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

Institutional investors have recently bought and sold shares of the stock. Citadel Advisors LLC bought a new stake in shares of First Trust Dorsey Wright DALI Equity ETF during the 3rd quarter worth about $1,157,000. Holos Integrated Wealth LLC acquired a new stake in First Trust Dorsey Wright DALI Equity ETF in the 4th quarter worth approximately $77,000. Keel Point LLC boosted its position 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 worth $468,000 after purchasing an additional 1,303 shares during the period. Stifel Financial Corp bought a new stake in First Trust Dorsey Wright DALI Equity ETF during the fourth quarter worth approximately $251,000. Finally, Kestra Advisory Services LLC acquired a new position in First Trust Dorsey Wright DALI Equity ETF during the fourth quarter valued at approximately $191,000.

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.