FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Stock Short Interest Declines 50.9%

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) saw a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 10,287 shares, a drop of 50.9% from the October 15th total of 20,964 shares. Based on an average daily volume of 63,444 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

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

Shares of FT Vest U.S. Equity Buffer ETF – November stock traded down $0.14 during trading on Friday, reaching $60.47. 5,982 shares of the company’s stock were exchanged, compared to its average volume of 23,683. FT Vest U.S. Equity Buffer ETF – November has a 1-year low of $52.25 and a 1-year high of $63.21. The company has a market cap of $1.29 billion, a P/E ratio of 24.11 and a beta of 0.69. The firm’s 50-day moving average price is $60.30 and its 200 day moving average price is $57.85.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Steward Partners Investment Advisory LLC increased its position in FT Vest U.S. Equity Buffer ETF – November by 0.9% during the 3rd quarter. Steward Partners Investment Advisory LLC now owns 45,680 shares of the company’s stock worth $2,748,000 after purchasing an additional 421 shares in the last quarter. HighTower Advisors LLC bought a new position in FT Vest U.S. Equity Buffer ETF – November in the 3rd quarter valued at approximately $394,000. Silver Oak Securities Incorporated bought a new position in FT Vest U.S. Equity Buffer ETF – November in the 3rd quarter valued at approximately $904,000. StoneX Group Inc. acquired a new stake in FT Vest U.S. Equity Buffer ETF – November in the third quarter valued at approximately $275,000. Finally, Kestra Advisory Services LLC boosted its position in FT Vest U.S. Equity Buffer ETF – November by 8.2% in the third quarter. Kestra Advisory Services LLC now owns 70,763 shares of the company’s stock valued at $4,257,000 after buying an additional 5,366 shares in the last quarter.

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.