First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU – Get Free Report) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totalling 5,400 shares, a decline of 62.2% from the May 31st total of 14,300 shares. Based on an average daily volume of 5,500 shares, the short-interest ratio is presently 1.0 days.
First Trust Dorsey Wright Momentum & Value ETF Stock Up 0.2 %
Shares of DVLU traded up $0.06 during trading hours on Friday, reaching $28.04. 1,974 shares of the company traded hands, compared to its average volume of 4,575. The company’s fifty day moving average price is $28.61 and its two-hundred day moving average price is $27.67. The company has a market capitalization of $25.24 million, a price-to-earnings ratio of 8.64 and a beta of 1.18. First Trust Dorsey Wright Momentum & Value ETF has a 12 month low of $21.10 and a 12 month high of $30.34.
First Trust Dorsey Wright Momentum & Value ETF Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 27th will be issued a $0.0821 dividend. This represents a $0.33 annualized dividend and a dividend yield of 1.17%. The ex-dividend date is Thursday, June 27th.
Hedge Funds Weigh In On 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.
See Also
- Five stocks we like better than First Trust Dorsey Wright Momentum & Value ETF
- Stock Analyst Ratings and Canadian Analyst Ratings
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- Using the MarketBeat Dividend Yield Calculator
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Receive News & Ratings for First Trust Dorsey Wright Momentum & Value 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 & Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.