First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) Shares Shorted: Short Interest Down 71.4% in October

Posted by Francis Steltz on Oct 29th, 2026

First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL – Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 11,710 shares, a decline of 71.4% from the September 30th total of 40,915 shares. Based on an average daily volume of 4,994 shares, the short-interest ratio is presently 2.3 days. Approximately 0.6% of the shares of the company are sold short.

Institutional Trading of First Trust Dorsey Wright Momentum & Low Volatility ETF

A number of institutional investors and hedge funds have recently made changes to their positions in DVOL. Fifth Third Bancorp acquired a new position in First Trust Dorsey Wright Momentum & Low Volatility ETF during the 1st quarter valued at approximately $342,000. Sigma Planning Corp acquired a new stake in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF in the 3rd quarter worth about $558,000. Cetera Investment Advisers increased its stake in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF by 12.0% in the first quarter. Cetera Investment Advisers now owns 19,851 shares of the company’s stock valued at $686,000 after purchasing an additional 2,125 shares during the period. Balefire LLC raised its stake in First Trust Dorsey Wright Momentum & Low Volatility ETF by 48.6% during the 1st quarter. Balefire LLC now owns 33,142 shares of the company’s stock valued at $1,146,000 after acquiring an additional 10,840 shares in the last quarter. Finally, Nilsine Partners LLC lifted its holdings in First Trust Dorsey Wright Momentum & Low Volatility ETF by 2.9% in the second quarter. Nilsine Partners LLC now owns 38,576 shares of the company’s stock worth $1,410,000 after purchasing an additional 1,082 shares during the period.

First Trust Dorsey Wright Momentum & Low Volatility ETF Stock Up 1.8%

Shares of NASDAQ:DVOL traded up $0.63 on Thursday, reaching $36.63. 2,506 shares of the company’s stock were exchanged, compared to its average volume of 8,764. The business’s 50-day moving average is $35.99 and its two-hundred day moving average is $36.31. First Trust Dorsey Wright Momentum & Low Volatility ETF has a fifty-two week low of $33.60 and a fifty-two week high of $38.30. The firm has a market capitalization of $76.92 million, a price-to-earnings ratio of 24.91 and a beta of 0.72.

First Trust Dorsey Wright Momentum & Low Volatility ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a $0.0656 dividend. The ex-dividend date was Thursday, September 24th. This is a decrease from First Trust Dorsey Wright Momentum & Low Volatility ETF’s previous quarterly dividend of $0.0989. This represents a $0.26 dividend on an annualized basis and a yield of 0.7%.

First Trust Dorsey Wright Momentum & Low Volatility ETF Company Profile

(Get Free Report)

The First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Low Vol index. The fund tracks an index of 50 large- and mid-cap, low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility. DVOL was launched on Sep 5, 2018 and is managed by First Trust.