Short Interest in FT Vest U.S. Equity Moderate Buffer ETF – November (BATS:GNOV) Drops By 73.7%

FT Vest U.S. Equity Moderate Buffer ETF – November (BATS:GNOV) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 6,124 shares, a decline of 73.7% from the May 14th total of 23,310 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 9,947 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of FT Vest U.S. Equity Moderate Buffer ETF – November

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC boosted its holdings in FT Vest U.S. Equity Moderate Buffer ETF – November by 705.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 169,798 shares of the company’s stock valued at $6,744,000 after purchasing an additional 148,724 shares during the period. Americana Partners LLC acquired a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – November during the 4th quarter worth approximately $5,229,000. Pinnacle Wealth Management Group Inc. acquired a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – November during the 4th quarter worth approximately $3,830,000. LPL Financial LLC grew its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – November by 57.2% during the 4th quarter. LPL Financial LLC now owns 128,732 shares of the company’s stock worth $5,113,000 after purchasing an additional 46,848 shares in the last quarter. Finally, Kestra Advisory Services LLC grew its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – November by 21.3% during the 4th quarter. Kestra Advisory Services LLC now owns 235,183 shares of the company’s stock worth $9,341,000 after purchasing an additional 41,264 shares in the last quarter.

FT Vest U.S. Equity Moderate Buffer ETF – November Stock Performance

Shares of GNOV stock traded up $0.08 during midday trading on Friday, hitting $41.54. 2,207 shares of the company were exchanged, compared to its average volume of 13,427. The firm has a market capitalization of $311.55 million, a P/E ratio of 24.84 and a beta of 0.34. The firm’s 50 day moving average price is $40.96 and its two-hundred day moving average price is $40.09. FT Vest U.S. Equity Moderate Buffer ETF – November has a 52 week low of $35.58 and a 52 week high of $41.81.

About FT Vest U.S. Equity Moderate Buffer ETF – November

The FT Vest U.S. Equity Moderate Buffer ETF -November (GNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GNOV was launched on Nov 17, 2023 and is issued by First Trust.