First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU – Get Free Report) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 500 shares, an increase of 400.0% from the June 30th total of 100 shares. Based on an average daily volume of 4,900 shares, the days-to-cover ratio is presently 0.1 days.
First Trust Dorsey Wright Momentum & Value ETF Price Performance
Shares of NASDAQ DVLU traded up $0.33 during midday trading on Thursday, hitting $29.46. The company’s stock had a trading volume of 261 shares, compared to its average volume of 4,244. The business’s fifty day simple moving average is $28.58 and its two-hundred day simple moving average is $28.05. First Trust Dorsey Wright Momentum & Value ETF has a 1 year low of $21.10 and a 1 year high of $30.34. The firm has a market capitalization of $32.41 million, a price-to-earnings ratio of 8.64 and a beta of 1.18.
First Trust Dorsey Wright Momentum & Value ETF Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a $0.0821 dividend. The ex-dividend date was Thursday, June 27th. This represents a $0.33 annualized dividend and a yield of 1.11%.
Institutional Trading of First Trust Dorsey Wright Momentum & Value ETF
First Trust Dorsey Wright Momentum & Value ETF Company Profile
The First Trust Dorsey Wright Momentum & Value ETF (DVLU) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Value index. The fund tracks an index of 50 large- and mid-cap value stocks exhibiting relative strength. Holdings are weighted by value metrics. DVLU was launched on Sep 5, 2018 and is managed by First Trust.
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