FT Vest DJIA Dogs 10 Target Income ETF (BATS:DOGG) Short Interest Down 53.3% in May

FT Vest DJIA Dogs 10 Target Income ETF (BATS:DOGG) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 29,779 shares, a drop of 53.3% from the May 14th total of 63,737 shares. Currently, 1.5% of the company’s shares are sold short. Based on an average daily volume of 28,341 shares, the days-to-cover ratio is currently 1.1 days.

FT Vest DJIA Dogs 10 Target Income ETF Stock Up 0.2%

Shares of DOGG stock traded up $0.05 during mid-day trading on Friday, reaching $21.90. The company’s stock had a trading volume of 17,558 shares, compared to its average volume of 26,346. The company’s 50 day simple moving average is $21.35 and its 200-day simple moving average is $21.54. FT Vest DJIA Dogs 10 Target Income ETF has a 12-month low of $19.53 and a 12-month high of $23.50. The firm has a market capitalization of $44.90 million, a PE ratio of 18.45 and a beta of 0.54.

Hedge Funds Weigh In On FT Vest DJIA Dogs 10 Target Income ETF

Hedge funds have recently made changes to their positions in the business. Cetera Investment Advisers increased its stake in FT Vest DJIA Dogs 10 Target Income ETF by 189.8% during the 1st quarter. Cetera Investment Advisers now owns 63,042 shares of the company’s stock worth $1,369,000 after buying an additional 41,290 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of FT Vest DJIA Dogs 10 Target Income ETF in the 4th quarter valued at about $449,000. NewEdge Advisors LLC acquired a new position in shares of FT Vest DJIA Dogs 10 Target Income ETF in the 1st quarter valued at about $368,000. Brookstone Capital Management boosted its stake in FT Vest DJIA Dogs 10 Target Income ETF by 63.8% during the 1st quarter. Brookstone Capital Management now owns 40,476 shares of the company’s stock valued at $879,000 after purchasing an additional 15,766 shares during the period. Finally, Silver Oak Securities Incorporated boosted its stake in FT Vest DJIA Dogs 10 Target Income ETF by 21.5% during the 1st quarter. Silver Oak Securities Incorporated now owns 83,166 shares of the company’s stock valued at $1,806,000 after purchasing an additional 14,716 shares during the period.

About FT Vest DJIA Dogs 10 Target Income ETF

The FT Cboe Vest DJIA Dogs 10 Target Income ETF (DOGG) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a consistent level of income with a secondary objective of providing capital appreciation. The fund invests in a concentrated portfolio of equally weighted, high dividend-yielding, large-cap US stocks, options, and short-term Treasury securities. DOGG was launched on Apr 26, 2023 and is managed by First Trust.