FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Sees Large Growth in Short Interest

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 16,615 shares, a growth of 219.7% from the May 31st total of 5,197 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 13,232 shares, the days-to-cover ratio is currently 1.3 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. BAM Wealth Management LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – November in the 4th quarter worth approximately $5,182,000. Assetmark Inc. boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – November by 13.7% in the 4th quarter. Assetmark Inc. now owns 235,755 shares of the company’s stock valued at $12,926,000 after purchasing an additional 28,477 shares in the last quarter. Mutual Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the 4th quarter valued at $827,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – November by 82.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 30,148 shares of the company’s stock valued at $1,666,000 after purchasing an additional 13,655 shares during the last quarter. Finally, Goldenstone Wealth Management LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – November in the 4th quarter worth $777,000.

FT Vest U.S. Equity Buffer ETF – November Price Performance

Shares of FT Vest U.S. Equity Buffer ETF – November stock opened at $57.56 on Friday. FT Vest U.S. Equity Buffer ETF – November has a 1 year low of $49.75 and a 1 year high of $58.64. The firm has a market cap of $1.01 billion, a PE ratio of 24.11 and a beta of 0.65. The company has a 50 day simple moving average of $57.64 and a two-hundred day simple moving average of $55.77.

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

The FT Cboe Vest U.S. Equity Buffer ETF – November (FNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FNOV was launched on Nov 15, 2019 and is managed by First Trust.