FT Vest Technology Dividend Target Income ETF (BATS:TDVI) Shares Shorted: Short Interest Down 37.2% in October

FT Vest Technology Dividend Target Income ETF (BATS:TDVI) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 51,192 shares, a drop of 37.2% from the September 30th total of 81,492 shares. Based on an average daily volume of 206,298 shares, the short-interest ratio is currently 0.2 days. Approximately 1.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Integrity Alliance LLC. purchased a new stake in shares of FT Vest Technology Dividend Target Income ETF during the 3rd quarter valued at about $208,000. MGO One Seven LLC boosted its holdings in shares of FT Vest Technology Dividend Target Income ETF by 9.4% in the third quarter. MGO One Seven LLC now owns 63,685 shares of the company’s stock worth $1,960,000 after buying an additional 5,472 shares during the last quarter. Arwa LLC bought a new stake in FT Vest Technology Dividend Target Income ETF during the third quarter valued at approximately $386,000. SteelPeak Wealth LLC grew its position in FT Vest Technology Dividend Target Income ETF by 39.5% during the third quarter. SteelPeak Wealth LLC now owns 8,835 shares of the company’s stock valued at $272,000 after buying an additional 2,500 shares during the period. Finally, Triumph Capital Management grew its position in FT Vest Technology Dividend Target Income ETF by 34.1% during the third quarter. Triumph Capital Management now owns 26,044 shares of the company’s stock valued at $802,000 after buying an additional 6,623 shares during the period.

FT Vest Technology Dividend Target Income ETF Price Performance

Shares of BATS:TDVI opened at $30.88 on Monday. The company has a market capitalization of $117.34 million, a PE ratio of 25.63 and a beta of 1.18. FT Vest Technology Dividend Target Income ETF has a 1-year low of $25.63 and a 1-year high of $35.57. The business has a fifty day moving average price of $31.19 and a 200-day moving average price of $30.15.

About FT Vest Technology Dividend Target Income ETF

The FT Vest Technology Dividend Target Income ETF (TDVI) is an exchange-traded fund that mostly invests in information technology equity. TVDI is an actively managed fund that seeks to provide a target level of current income and capital appreciation by holding a portfolio of dividend-paying US technology companies. The fund also utilizes a naked call writing option strategy on the Nasdaq 100 Index (NDX) and/or the S&P 500 Index (SPX) or related ETFs. TDVI was launched on Aug 9, 2023 and is issued by First Trust.