FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV) Sees Large Drop in Short Interest

FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 5,295 shares, a drop of 75.8% from the June 30th total of 21,905 shares. Based on an average daily volume of 3,402 shares, the short-interest ratio is presently 1.6 days. Currently, 0.1% of the company’s stock are sold short.

FT Vest U.S. Equity Deep Buffer ETF – November Trading Up 0.1%

BATS DNOV opened at $51.43 on Tuesday. The company has a fifty day simple moving average of $51.21 and a 200 day simple moving average of $49.87. FT Vest U.S. Equity Deep Buffer ETF – November has a 12-month low of $44.85 and a 12-month high of $51.71. The company has a market cap of $371.84 million, a P/E ratio of 25.02 and a beta of 0.39.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in DNOV. Financial Perspectives Inc acquired a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – November during the fourth quarter valued at about $27,000. Prospera Financial Services Inc bought a new position in FT Vest U.S. Equity Deep Buffer ETF – November in the 4th quarter valued at about $203,000. Wealthgarden F.S. LLC bought a new position in FT Vest U.S. Equity Deep Buffer ETF – November in the 4th quarter valued at about $217,000. Cottage Street Advisors LLC acquired a new position in FT Vest U.S. Equity Deep Buffer ETF – November during the 4th quarter valued at about $223,000. Finally, U.S. Capital Wealth Advisors LLC acquired a new position in FT Vest U.S. Equity Deep Buffer ETF – November during the 4th quarter valued at about $231,000.

FT Vest U.S. Equity Deep Buffer ETF – November Company Profile

The FT Cboe Vest U.S. Equity Deep Buffer ETF – November (DNOV) 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. DNOV was launched on Nov 15, 2019 and is managed by First Trust.