FT Vest Dow Jones Internet & Target Income ETF (BATS:FDND) Short Interest Down 63.5% in August

FT Vest Dow Jones Internet & Target Income ETF (BATS:FDND) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 376 shares, a decline of 63.5% from the July 30th total of 1,030 shares. Based on an average daily trading volume, of 1,236 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

FT Vest Dow Jones Internet & Target Income ETF Trading Up 0.3%

BATS:FDND opened at $23.01 on Friday. The business’s fifty day moving average price is $21.75 and its 200 day moving average price is $21.11. The firm has a market capitalization of $6.90 million, a price-to-earnings ratio of 33.97 and a beta of 1.44. FT Vest Dow Jones Internet & Target Income ETF has a 1-year low of $18.76 and a 1-year high of $24.79.

Institutional Trading of FT Vest Dow Jones Internet & Target Income ETF

A number of hedge funds have recently made changes to their positions in the stock. Triumph Capital Management acquired a new stake in shares of FT Vest Dow Jones Internet & Target Income ETF during the third quarter worth approximately $56,000. Independent Financial Group LLC purchased a new position in FT Vest Dow Jones Internet & Target Income ETF during the first quarter valued at approximately $383,000. Jane Street Group LLC acquired a new position in FT Vest Dow Jones Internet & Target Income ETF in the 4th quarter valued at approximately $515,000. Finally, Osaic Holdings Inc. increased its stake in FT Vest Dow Jones Internet & Target Income ETF by 12.4% in the 4th quarter. Osaic Holdings Inc. now owns 45,074 shares of the company’s stock valued at $1,015,000 after buying an additional 4,967 shares during the period.

About FT Vest Dow Jones Internet & Target Income ETF

The FT Vest Dow Jones Internet & Target Income ETF (FDND) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that seeks a target level of current income and capital appreciation by holding a portfolio of US internet stocks, while utilizing a naked call writing strategy on the Nasdaq-100 Index or related ETF. FDND was launched on Mar 20, 2024 and is issued by First Trust.