First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 5,200 shares, a growth of 420.0% from the September 30th total of 1,000 shares. Based on an average daily trading volume, of 15,800 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Trading of First Trust Dorsey Wright Momentum & Dividend ETF
Hedge funds have recently modified their holdings of the company. Janney Montgomery Scott LLC grew its position in First Trust Dorsey Wright Momentum & Dividend ETF by 8.8% in the first quarter. Janney Montgomery Scott LLC now owns 21,909 shares of the company’s stock worth $746,000 after acquiring an additional 1,780 shares in the last quarter. Cetera Advisors LLC bought a new stake in shares of First Trust Dorsey Wright Momentum & Dividend ETF in the 1st quarter valued at approximately $205,000. Atomi Financial Group Inc. purchased a new position in shares of First Trust Dorsey Wright Momentum & Dividend ETF in the 3rd quarter worth approximately $516,000. Finally, Private Advisory Group LLC bought a new position in shares of First Trust Dorsey Wright Momentum & Dividend ETF during the 3rd quarter valued at approximately $3,003,000.
First Trust Dorsey Wright Momentum & Dividend ETF Stock Down 0.8 %
DDIV stock traded down $0.30 during mid-day trading on Friday, hitting $37.48. The company had a trading volume of 7,701 shares, compared to its average volume of 10,139. The company has a 50-day moving average price of $36.49 and a 200 day moving average price of $34.62. First Trust Dorsey Wright Momentum & Dividend ETF has a 12-month low of $26.48 and a 12-month high of $38.34. The company has a market capitalization of $63.72 million, a price-to-earnings ratio of 13.54 and a beta of 0.99.
First Trust Dorsey Wright Momentum & Dividend ETF Cuts Dividend
First Trust Dorsey Wright Momentum & Dividend ETF Company Profile
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.
Featured Articles
- Five stocks we like better than First Trust Dorsey Wright Momentum & Dividend ETF
- Stock Analyst Ratings and Canadian Analyst Ratings
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- How to Plot Fibonacci Price Inflection Levels
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- Market Cap Calculator: How to Calculate Market Cap
- MarketBeat Week in Review – 10/21- 10/25
Receive News & Ratings for First Trust Dorsey Wright Momentum & Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Dorsey Wright Momentum & Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.