FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (BATS:XNOV) Short Interest Update

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (BATS:XNOV) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 2,994 shares, a growth of 562.4% from the August 15th total of 452 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 912 shares, the days-to-cover ratio is presently 3.3 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November stock. Arkadios Wealth Advisors purchased a new position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (BATS:XNOV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,548 shares of the company’s stock, valued at approximately $324,000. Arkadios Wealth Advisors owned about 1.42% of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November as of its most recent filing with the Securities and Exchange Commission (SEC).

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

BATS:XNOV opened at $40.32 on Friday. The company has a market cap of $30.24 million, a price-to-earnings ratio of 24.94 and a beta of 0.24. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November has a 1 year low of $36.47 and a 1 year high of $40.36. The stock’s 50 day simple moving average is $40.02 and its two-hundred day simple moving average is $39.13.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November Company Profile

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (XNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a one-year period. The actively managed fund holds options and collateral. XNOV was launched on Nov 17, 2023 and is issued by First Trust.