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 covered or closed out. As of August 31st, investors have sold 55,700 shares of DVOL short. 2.72% of First Trust Dorsey Wright Momentum & Low Volatility ETF's shares are currently sold 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 3.0. Learn More on First Trust Dorsey Wright Momentum & Low Volatility ETF's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 2.72% of First Trust Dorsey Wright Momentum & Low Volatility ETF's floating shares are currently sold short.

First Trust Dorsey Wright Momentum & Low Volatility ETF saw a decline in short interest in August. As of August 31st, there was short interest totaling 55,700 shares, a decline of 3.0% from the previous total of 57,400 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.

2.72% of First Trust Dorsey Wright Momentum & Low Volatility ETF's shares are currently sold short. Here is how the short interest of companies compare to First Trust Dorsey Wright Momentum & Low Volatility ETF: iShares MSCI Qatar ETF (1.46%), iShares MSCI New Zealand ETF (0.68%), AdvisorShares Dorsey Wright FSM All Cap World ETF (0.12%), American Century Short Duration Strategic Income ETF (0.71%), Pacer Cash Cows Fund of Funds ETF (0.00%), First Trust Dorsey Wright Momentum & Dividend ETF (0.01%), WisdomTree Target Range Fund (0.05%), Lazard Japanese Equity ETF (0.35%), VictoryShares International Volatility Wtd ETF (0.00%), First Trust High Income Strategic Focus ETF (0.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($73.23 billion), Invesco QQQ ($29.52 billion), iShares Russell 2000 ETF ($20.82 billion), iShares 20+ Year Treasury Bond ETF ($10.76 billion), Palo Alto Networks, Inc. ($9.37 billion), Strategy Inc ($7.58 billion), Invesco S&P 500 Equal Weight ETF ($6.78 billion), SPDR S&P Biotech ETF ($6.72 billion), AppLovin Corporation ($6.37 billion), and iShares iBoxx $ Investment Grade Corporate Bond ETF ($6.29 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 up $0.21 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 appreciates 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 August, 31 2025.