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

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 23,765 shares, a growth of 348.8% from the June 30th total of 5,295 shares. Based on an average trading volume of 7,251 shares, the days-to-cover ratio is currently 3.3 days. Approximately 0.1% of the company’s stock are short sold.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Cetera Investment Advisers grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – November by 60.4% during the fourth quarter. Cetera Investment Advisers now owns 547,574 shares of the company’s stock valued at $30,023,000 after buying an additional 206,182 shares during the last quarter. Atria Investments Inc lifted its position in FT Vest U.S. Equity Buffer ETF – November by 1,771.3% in the 4th quarter. Atria Investments Inc now owns 146,376 shares of the company’s stock valued at $8,026,000 after acquiring an additional 138,554 shares in the last quarter. BAM Wealth Management LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – November during the 4th quarter valued at $5,182,000. Ausdal Financial Partners Inc. purchased a new stake in FT Vest U.S. Equity Buffer ETF – November during the 4th quarter valued at $4,419,000. Finally, CreativeOne Wealth LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – November by 838.2% in the 4th quarter. CreativeOne Wealth LLC now owns 62,634 shares of the company’s stock worth $3,434,000 after purchasing an additional 55,958 shares in the last quarter.

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

FNOV opened at $58.45 on Tuesday. The stock has a 50-day moving average price of $58.28 and a 200-day moving average price of $56.33. The firm has a market cap of $1.02 billion, a PE ratio of 24.11 and a beta of 0.65. FT Vest U.S. Equity Buffer ETF – November has a 1 year low of $50.30 and a 1 year high of $58.96.

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

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.