First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU – Get Free Report) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 2,100 shares, a growth of 320.0% from the August 31st total of 500 shares. Based on an average trading volume of 5,000 shares, the short-interest ratio is presently 0.4 days.
First Trust Dorsey Wright Momentum & Value ETF Trading Up 0.6 %
First Trust Dorsey Wright Momentum & Value ETF stock opened at $30.62 on Friday. First Trust Dorsey Wright Momentum & Value ETF has a 1-year low of $21.10 and a 1-year high of $31.03. The company has a fifty day simple moving average of $29.64 and a 200 day simple moving average of $29.02. The company has a market cap of $33.68 million, a P/E ratio of 8.64 and a beta of 1.18.
First Trust Dorsey Wright Momentum & Value ETF Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Thursday, September 26th will be given a $0.0431 dividend. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date is Thursday, September 26th.
Institutional Trading of First Trust Dorsey Wright Momentum & Value ETF
About First Trust Dorsey Wright Momentum & Value ETF
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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