FDL Short Volume

First Trust Morningstar Dividend Leaders Index Fund (FDL) operates in the Financial Services sector, specifically the Asset Management - Income industry, with a market capitalization near $7.39B, listed on AMEX, carrying a beta of 0.38 to the broader market. This offering, known as the First Trust Morningstar Dividend Leaders Index Fund, operates as an exchange-traded fund (ETF). public since 2006-03-15.

Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.

Latest Date
2026-06-30
Short Volume
256.3K
Total Volume
881.0K
Short %
29.09%
30-Day Avg Short %
58.48%

Showing 30 days of FINRA short volume data for First Trust Morningstar Dividend Leaders Index Fund.

Learn how short volume is reported and how to read the data →

Frequently asked FDL short volume questions

What is the daily FDL short volume?
As of Jun 30, 2026, First Trust Morningstar Dividend Leaders Index Fund (FDL) short volume is 256.3K shares against 881.0K total reported volume, or 29.09% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
How is FDL short volume reported?
FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.
What does FDL short volume tell options traders?
Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.