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 September 30th, investors have sold 75,500 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 3.6. Learn More on First Trust Dorsey Wright Momentum & Low Volatility ETF's short interest ratio.

First Trust Dorsey Wright Momentum & Low Volatility ETF saw a drop in short interest in September. As of September 30th, there was short interest totaling 75,500 shares, a drop of 47.7% from the previous total of 144,300 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 Dorsey Wright Momentum & Low Volatility ETF: Lazard Japanese Equity ETF (0.42%), First Trust Dorsey Wright Momentum & Dividend ETF (0.00%), WisdomTree Target Range Fund (0.57%), First Trust RiverFront Dynamic Emerging Markets ETF (0.09%), First Trust High Income Strategic Focus ETF (0.39%), AdvisorShares Dorsey Wright FSM All Cap World ETF (0.88%), iShares MSCI Qatar ETF (2.61%), AdvisorShares Dorsey Wright ADR ETF (0.05%), First Trust Dorsey Wright Momentum & Value ETF (0.64%), Defiance Nasdaq 100 Income Target ETF (0.56%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Corporation ($15.71 billion), Robinhood Markets, Inc. ($7.56 billion), Reddit Inc. ($4.55 billion), Coinbase Global, Inc. ($4.53 billion), CoreWeave Inc. ($4.43 billion), Charter Communications, Inc. ($4.07 billion), Seagate Technology Holdings PLC ($3.94 billion), IonQ, Inc. ($3.78 billion), TC Energy Corporation ($3.13 billion), and Live Nation Entertainment, Inc. ($3.12 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 $0.37 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 September, 30 2025.