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

Posted by Sarita Garza on Jan 16th, 2025

First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV – Get Free Report) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 13,600 shares, an increase of 34.7% from the December 15th 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 Investors Weigh In On First Trust Dorsey Wright Momentum & Dividend ETF

A hedge fund recently bought a new stake in First Trust Dorsey Wright Momentum & Dividend ETF stock. Atomi Financial Group Inc. bought a new stake in First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 14,039 shares of the company’s stock, valued at approximately $516,000. Atomi Financial Group Inc. owned about 0.85% of First Trust Dorsey Wright Momentum & Dividend ETF as of its most recent filing with the Securities and Exchange Commission.

First Trust Dorsey Wright Momentum & Dividend ETF Stock Performance

NASDAQ DDIV traded up $0.37 on Thursday, reaching $39.33. The company had a trading volume of 2,438 shares, compared to its average volume of 21,835. The firm has a market capitalization of $70.79 million, a price-to-earnings ratio of 13.54 and a beta of 0.99. First Trust Dorsey Wright Momentum & Dividend ETF has a 1-year low of $29.14 and a 1-year high of $41.08. The company’s fifty day moving average is $39.08 and its 200-day moving average is $36.91.

First Trust Dorsey Wright Momentum & Dividend ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders 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

(Get Free Report)

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.