FT Vest Nasdaq-100 Moderate Buffer ETF – November (BATS:QMNV) Sees Significant Drop in Short Interest

FT Vest Nasdaq-100 Moderate Buffer ETF – November (BATS:QMNV) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 1,360 shares, a decrease of 70.9% from the August 15th total of 4,674 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 40,459 shares, the days-to-cover ratio is currently 0.0 days.

FT Vest Nasdaq-100 Moderate Buffer ETF – November Price Performance

Shares of QMNV stock opened at $25.60 on Monday. FT Vest Nasdaq-100 Moderate Buffer ETF – November has a one year low of $22.13 and a one year high of $25.72. The company’s 50-day simple moving average is $25.25 and its 200-day simple moving average is $24.52.

Institutional Inflows and Outflows

A hedge fund recently raised its position in FT Vest Nasdaq-100 Moderate Buffer ETF – November stock. Sunbelt Securities Inc. lifted its position in FT Vest Nasdaq-100 Moderate Buffer ETF – November (BATS:QMNV) by 867.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,005 shares of the company’s stock after acquiring an additional 18,833 shares during the quarter. Sunbelt Securities Inc. owned 1.62% of FT Vest Nasdaq-100 Moderate Buffer ETF – November worth $468,000 as of its most recent SEC filing.

About FT Vest Nasdaq-100 Moderate Buffer ETF – November

The FT Vest Nasdaq-100 Moderate Buffer ETF – November (QMNV) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively managed fund holds options and collateral. QMNV was launched on Nov 15, 2024 and is issued by First Trust.