FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Sees Significant 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 the month of 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. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 13,232 shares, the short-interest ratio is currently 1.3 days.

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

Several institutional investors have recently added to or reduced their stakes in the stock. SOA Wealth Advisors LLC. lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – November by 1,778.7% in the 4th quarter. SOA Wealth Advisors LLC. now owns 1,146 shares of the company’s stock valued at $63,000 after purchasing an additional 1,085 shares during the period. Darwin Wealth Management LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – November in the second quarter worth approximately $73,000. Apollon Wealth Management LLC bought a new position in FT Vest U.S. Equity Buffer ETF – November during the 1st quarter valued at $207,000. Integrity Alliance LLC. bought a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the fourth quarter valued at about $217,000. Finally, Orion Porfolio Solutions LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the 4th quarter worth approximately $220,000.

FT Vest U.S. Equity Buffer ETF – November Trading Down 0.0%

Shares of FNOV opened at $57.56 on Monday. The stock’s 50-day moving average price is $57.64 and its two-hundred day moving average price is $55.78. FT Vest U.S. Equity Buffer ETF – November has a 12 month low of $49.75 and a 12 month high of $58.64. The company has a market capitalization of $1.01 billion, a PE ratio of 24.11 and a beta of 0.65.

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.