FT Vest Technology Dividend Target Income ETF (BATS:TDVI) Short Interest Update

FT Vest Technology Dividend Target Income ETF (BATS:TDVI) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 56,737 shares, a decline of 45.4% from the June 30th total of 103,843 shares. Based on an average daily volume of 118,833 shares, the short-interest ratio is presently 0.5 days. Currently, 1.5% of the company’s stock are sold short.

FT Vest Technology Dividend Target Income ETF Stock Performance

Shares of FT Vest Technology Dividend Target Income ETF stock opened at $29.85 on Wednesday. The company has a market capitalization of $113.43 million, a PE ratio of 25.63 and a beta of 1.18. The company has a 50-day simple moving average of $31.78 and a two-hundred day simple moving average of $29.59. FT Vest Technology Dividend Target Income ETF has a one year low of $25.63 and a one year high of $35.57.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Southern Capital Services Inc. ADV lifted its position in FT Vest Technology Dividend Target Income ETF by 2.5% during the first quarter. Southern Capital Services Inc. ADV now owns 559,518 shares of the company’s stock valued at $14,861,000 after acquiring an additional 13,760 shares during the last quarter. Royal Bank of Canada grew its holdings in FT Vest Technology Dividend Target Income ETF by 4.9% in the first quarter. Royal Bank of Canada now owns 408,277 shares of the company’s stock worth $10,844,000 after purchasing an additional 19,007 shares during the last quarter. LPL Financial LLC grew its holdings in FT Vest Technology Dividend Target Income ETF by 44.2% in the fourth quarter. LPL Financial LLC now owns 406,776 shares of the company’s stock worth $11,284,000 after purchasing an additional 124,781 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of FT Vest Technology Dividend Target Income ETF by 1,142,256.5% during the third quarter. Raymond James Financial Inc. now owns 262,742 shares of the company’s stock worth $7,528,000 after purchasing an additional 262,719 shares in the last quarter. Finally, Independent Financial Group LLC acquired a new position in shares of FT Vest Technology Dividend Target Income ETF during the first quarter worth $5,315,000.

About FT Vest Technology Dividend Target Income ETF

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.