FT Vest DJIA Dogs 10 Target Income ETF (BATS:DOGG) Short Interest Down 53.3% in May

FT Vest DJIA Dogs 10 Target Income ETF (BATS:DOGG) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 29,779 shares, a decline of 53.3% from the May 14th total of 63,737 shares. Based on an average daily trading volume, of 28,341 shares, the days-to-cover ratio is currently 1.1 days. Currently, 1.5% of the shares of the stock are short sold.

FT Vest DJIA Dogs 10 Target Income ETF Stock Performance

Shares of DOGG stock traded up $0.05 during midday trading on Friday, reaching $21.90. 17,558 shares of the company were exchanged, compared to its average volume of 26,346. FT Vest DJIA Dogs 10 Target Income ETF has a 12 month low of $19.53 and a 12 month high of $23.50. The company has a market cap of $44.90 million, a P/E ratio of 18.45 and a beta of 0.54. The company’s 50 day moving average price is $21.35 and its two-hundred day moving average price is $21.54.

Institutional Trading of FT Vest DJIA Dogs 10 Target Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC bought a new stake in shares of FT Vest DJIA Dogs 10 Target Income ETF in the 1st quarter worth approximately $368,000. Cetera Investment Advisers raised its holdings in shares of FT Vest DJIA Dogs 10 Target Income ETF by 189.8% in the 1st quarter. Cetera Investment Advisers now owns 63,042 shares of the company’s stock worth $1,369,000 after purchasing an additional 41,290 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in shares of FT Vest DJIA Dogs 10 Target Income ETF by 2.4% in the 1st quarter. Sanctuary Advisors LLC now owns 29,725 shares of the company’s stock worth $645,000 after purchasing an additional 704 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in shares of FT Vest DJIA Dogs 10 Target Income ETF by 46.3% in the 1st quarter. Kestra Advisory Services LLC now owns 25,313 shares of the company’s stock worth $550,000 after purchasing an additional 8,012 shares in the last quarter. Finally, Private Advisor Group LLC bought a new stake in shares of FT Vest DJIA Dogs 10 Target Income ETF in the 1st quarter worth approximately $227,000.

About FT Vest DJIA Dogs 10 Target Income ETF

The FT Cboe Vest DJIA Dogs 10 Target Income ETF (DOGG) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a consistent level of income with a secondary objective of providing capital appreciation. The fund invests in a concentrated portfolio of equally weighted, high dividend-yielding, large-cap US stocks, options, and short-term Treasury securities. DOGG was launched on Apr 26, 2023 and is managed by First Trust.