First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) Sees Large Growth in Short Interest

Posted by Geri Gentry on Jun 11th, 2026

First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL – Get Free Report) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 11,871 shares, a growth of 2,074.2% from the May 14th total of 546 shares. Based on an average daily trading volume, of 18,779 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Investors Weigh In On First Trust Dorsey Wright Momentum & Low Volatility ETF

A number of institutional investors have recently modified their holdings of the business. Advisory Services Network LLC bought a new position in First Trust Dorsey Wright Momentum & Low Volatility ETF during the 3rd quarter worth $39,000. O Shaughnessy Asset Management LLC bought a new position in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF in the fourth quarter valued at approximately $111,000. Envestnet Asset Management Inc. bought a new position in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF in the third quarter valued at approximately $201,000. Warner Group LLC acquired a new position in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF during the 3rd quarter valued at $346,000. Finally, Fifth Third Bancorp acquired a new position in First Trust Dorsey Wright Momentum & Low Volatility ETF during the first quarter worth about $342,000.

First Trust Dorsey Wright Momentum & Low Volatility ETF Price Performance

NASDAQ DVOL opened at $36.16 on Thursday. First Trust Dorsey Wright Momentum & Low Volatility ETF has a 12 month low of $33.60 and a 12 month high of $37.50. The company has a market capitalization of $72.32 million, a price-to-earnings ratio of 24.91 and a beta of 0.76. The company’s fifty day moving average price is $36.16 and its two-hundred day moving average price is $35.80.

First Trust Dorsey Wright Momentum & Low Volatility ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a $0.0292 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Thursday, March 26th.

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.