FT Vest Technology Dividend Target Income ETF (BATS:TDVI) Short Interest Up 293.7% in June

FT Vest Technology Dividend Target Income ETF (BATS:TDVI) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 103,843 shares, a growth of 293.7% from the June 15th total of 26,373 shares. Based on an average daily volume of 104,738 shares, the days-to-cover ratio is currently 1.0 days. Currently, 2.7% of the shares of the company are short sold.

Institutional Trading of FT Vest Technology Dividend Target Income ETF

Large investors have recently modified their holdings of the company. Advisory Services Network LLC purchased a new stake in FT Vest Technology Dividend Target Income ETF during the third quarter valued at $51,000. Triumph Capital Management boosted its position in FT Vest Technology Dividend Target Income ETF by 442.7% in the fourth quarter. Triumph Capital Management now owns 3,343 shares of the company’s stock worth $93,000 after purchasing an additional 2,727 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in FT Vest Technology Dividend Target Income ETF in the fourth quarter worth about $96,000. Larson Financial Group LLC purchased a new position in FT Vest Technology Dividend Target Income ETF in the fourth quarter worth about $127,000. Finally, Greenberg Financial Group bought a new stake in shares of FT Vest Technology Dividend Target Income ETF during the 4th quarter valued at about $201,000.

FT Vest Technology Dividend Target Income ETF Stock Performance

BATS:TDVI opened at $31.59 on Monday. The company has a market cap of $120.04 million, a PE ratio of 25.63 and a beta of 1.18. The company has a 50 day simple moving average of $32.02 and a two-hundred day simple moving average of $29.41. FT Vest Technology Dividend Target Income ETF has a 12 month low of $25.63 and a 12 month high of $35.57.

FT Vest Technology Dividend Target Income ETF Company Profile

The FT Vest Technology Dividend Target Income ETF (TDVI) is an exchange-traded fund that mostly invests in information technology equity. TVDI is an actively managed fund that seeks to provide a target level of current income and capital appreciation by holding a portfolio of dividend-paying US technology companies. The fund also utilizes a naked call writing option strategy on the Nasdaq 100 Index (NDX) and/or the S&P 500 Index (SPX) or related ETFs. TDVI was launched on Aug 9, 2023 and is issued by First Trust.