First Trust DorseyWright DALI 1 ETF (DALI) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust DorseyWright DALI 1 ETF shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 1,100 shares of DALI short. Learn More on First Trust DorseyWright DALI 1 ETF's current short interest.

First Trust DorseyWright DALI 1 ETF saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 1,100 shares, a drop of 8.3% from the previous total of 1,200 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to First Trust DorseyWright DALI 1 ETF: Invesco International BuyBack Achievers ETF (3.31%), Invesco DWA Developed Markets Momentum ETF (0.82%), Invesco DWA Emerging Markets Momentum ETF (0.09%), First Trust International IPO ETF (0.00%), First Trust Dorsey Wright Dynamic Focus 5 ETF (0.03%), SGI Dynamic Tactical ETF (0.01%), First Trust Dorsey Wright International Focus 5 ETF (0.07%), Invesco BuyBack Achievers ETF (0.03%), Invesco Dorsey Wright Momentum ETF (0.09%), and First Trust Dorsey Wright Focus 5 ETF (0.04%).

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling DALI is an investing strategy that aims to generate trading profit from First Trust DorseyWright DALI 1 ETF as its price is falling. DALI shares are trading down $0.01 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for First Trust DorseyWright DALI 1 ETF occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of DALI, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including DALI, twice per month. The most recent reporting period available is April, 15 2024.