First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI) Sees Significant Decline in Short Interest

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

First Trust Dorsey Wright DALI Equity ETF Price Performance

Shares of DALI stock traded down $0.12 during trading hours on Tuesday, hitting $27.36. The stock had a trading volume of 2,754 shares, compared to its average volume of 8,383. The firm has a market capitalization of $110.81 million, a PE ratio of 20.39 and a beta of 0.72. The stock’s 50 day moving average is $29.49 and its 200 day moving average is $28.82. First Trust Dorsey Wright DALI Equity ETF has a twelve month low of $20.82 and a twelve month high of $30.97.

Institutional Trading of First Trust Dorsey Wright DALI Equity ETF

A number of large investors have recently bought and sold shares of DALI. Stifel Financial Corp purchased a new position in First Trust Dorsey Wright DALI Equity ETF during the 4th quarter worth $251,000. Keel Point LLC raised its holdings in shares of First Trust Dorsey Wright DALI Equity ETF by 8.7% in the fourth quarter. Keel Point LLC now owns 16,279 shares of the company’s stock valued at $468,000 after buying an additional 1,303 shares during the last quarter. Citadel Advisors LLC purchased a new stake in shares of First Trust Dorsey Wright DALI Equity ETF in the third quarter valued at about $1,157,000. Kestra Advisory Services LLC acquired a new stake in shares of First Trust Dorsey Wright DALI Equity ETF during the fourth quarter worth about $191,000. Finally, Holos Integrated Wealth LLC acquired a new stake in shares of First Trust Dorsey Wright DALI Equity ETF during the fourth quarter worth about $77,000.

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.