Short Interest in FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Expands By 769.9%

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 16,658 shares, a growth of 769.9% from the April 15th total of 1,915 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 11,814 shares, the days-to-cover ratio is currently 1.4 days.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – November

Large investors have recently added to or reduced their stakes in the company. SOA Wealth Advisors LLC. raised its holdings in FT Vest U.S. Equity Buffer ETF – November by 1,778.7% in the fourth quarter. SOA Wealth Advisors LLC. now owns 1,146 shares of the company’s stock worth $63,000 after purchasing an additional 1,085 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the second quarter worth $73,000. Concurrent Investment Advisors LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the third quarter worth $203,000. Apollon Wealth Management LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the first quarter worth $207,000. Finally, Integrity Alliance LLC. acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the fourth quarter worth $217,000.

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

Shares of FT Vest U.S. Equity Buffer ETF – November stock opened at $57.64 on Tuesday. The company has a market capitalization of $1.01 billion, a PE ratio of 24.11 and a beta of 0.65. The company has a 50-day simple moving average of $55.08 and a two-hundred day simple moving average of $54.77. FT Vest U.S. Equity Buffer ETF – November has a one year low of $47.56 and a one year high of $57.71.

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.