Pretty straightforward: If you only use one volume selector in tandem with @e, only players will be selected.
Reproduction (through chatbar):
1: /summon ArmorStand ~ ~ ~ {CustomName:"Test"} (Just as a test entity)
2: /testfor @e[y=0,dy=255]
Your name will be the only one which appears.
Cannot confirm for 15w40b are you sure you really stood at the position of the ArmorStand?