First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV) Short Interest Update

First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 13,600 shares, a growth of 34.7% from the December 31st total of 10,100 shares. Based on an average daily volume of 13,900 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of First Trust Dorsey Wright Momentum & Dividend ETF

Institutional investors and hedge funds have recently modified their holdings of the business. J.W. Cole Advisors Inc. bought a new stake in shares of First Trust Dorsey Wright Momentum & Dividend ETF in the 4th quarter worth approximately $203,000. Janney Montgomery Scott LLC bought a new stake in First Trust Dorsey Wright Momentum & Dividend ETF in the fourth quarter valued at $203,000. Atomi Financial Group Inc. bought a new stake in First Trust Dorsey Wright Momentum & Dividend ETF in the third quarter valued at $516,000. Finally, Private Advisory Group LLC acquired a new position in shares of First Trust Dorsey Wright Momentum & Dividend ETF during the third quarter valued at $3,003,000.

First Trust Dorsey Wright Momentum & Dividend ETF Trading Down 1.0 %

Shares of NASDAQ DDIV opened at $39.70 on Friday. The company has a market capitalization of $77.42 million, a price-to-earnings ratio of 13.54 and a beta of 0.99. First Trust Dorsey Wright Momentum & Dividend ETF has a twelve month low of $29.75 and a twelve month high of $41.08. The business has a 50 day simple moving average of $39.14 and a 200-day simple moving average of $37.37.

First Trust Dorsey Wright Momentum & Dividend ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.2885 per share. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust Dorsey Wright Momentum & Dividend ETF

The First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of 50 large- and mid-cap, high-yield stocks exhibiting relative strength. Holdings are weighted by dividend yield. DDIV was launched on Mar 10, 2014 and is managed by First Trust.