First Trust Dorsey Wright DALI 1 ETF (NASDAQ:DALI) Short Interest Down 91.2% in August

First Trust Dorsey Wright DALI 1 ETF (NASDAQ:DALI) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 2,100 shares, a decline of 91.2% from the August 15th total of 23,900 shares. Based on an average daily volume of 16,000 shares, the days-to-cover ratio is presently 0.1 days.

Shares of First Trust Dorsey Wright DALI 1 ETF stock opened at $25.46 on Wednesday. The stock’s fifty day moving average is $25.44 and its two-hundred day moving average is $24.73. First Trust Dorsey Wright DALI 1 ETF has a 52 week low of $17.33 and a 52 week high of $26.21.

A hedge fund recently raised its stake in First Trust Dorsey Wright DALI 1 ETF stock. Bank of America Corp DE raised its holdings in First Trust Dorsey Wright DALI 1 ETF (NASDAQ:DALI) by 16.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,319 shares of the company’s stock after buying an additional 1,631 shares during the quarter. Bank of America Corp DE owned about 0.25% of First Trust Dorsey Wright DALI 1 ETF worth $287,000 at the end of the most recent reporting period.

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