First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Dorsey Wright Momentum & Low Volatility ETF shares that have been sold short but have not yet been closed out or covered. As of June 15th, investors have sold 22,600 shares of DVOL short. Learn More on First Trust Dorsey Wright Momentum & Low Volatility ETF's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. DVOL shares currently have a short interest ratio of 8.0. Learn More on First Trust Dorsey Wright Momentum & Low Volatility ETF's short interest ratio.

Here is how the short interest of companies compare to First Trust Dorsey Wright Momentum & Low Volatility ETF: First Trust Dorsey Wright Momentum & Dividend ETF (0.01%), WisdomTree Target Range Fund (0.08%), iShares MSCI New Zealand ETF (1.01%), American Century Short Duration Strategic Income ETF (0.07%), AdvisorShares Dorsey Wright FSM All Cap World ETF (0.17%), iShares MSCI Qatar ETF (0.96%), Pacer Emerging Markets Cash Cows 100 ETF (0.19%), First Trust High Income Strategic Focus ETF (0.06%), Pacer Cash Cows Fund of Funds ETF (0.23%), Alpha Architect International Quantitative Momentum ETF (1.43%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($5.04 billion), T-Mobile US, Inc. ($4.49 billion), Charter Communications, Inc. ($3.25 billion), Moderna, Inc. ($3.02 billion), General Motors ($2.91 billion), Royal Caribbean Cruises Ltd. ($2.37 billion), Cencora, Inc. ($2.19 billion), Tractor Supply ($1.82 billion), Williams-Sonoma, Inc. ($1.72 billion), and Enphase Energy, Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling DVOL is an investing strategy that aims to generate trading profit from First Trust Dorsey Wright Momentum & Low Volatility ETF as its price is falling. DVOL shares are trading down $0.18 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 Dorsey Wright Momentum & Low Volatility ETF occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of DVOL, 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 DVOL, twice per month. The most recent reporting period available is June, 15 2024.