FT Vest U.S. Equity Moderate Buffer ETF – November (BATS:GNOV) Short Interest Down 93.2% in May

FT Vest U.S. Equity Moderate Buffer ETF – November (BATS:GNOV) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 23,310 shares, a decline of 93.2% from the April 30th total of 343,034 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 8,272 shares, the days-to-cover ratio is presently 2.8 days.

FT Vest U.S. Equity Moderate Buffer ETF – November Price Performance

Shares of FT Vest U.S. Equity Moderate Buffer ETF – November stock opened at $41.59 on Thursday. FT Vest U.S. Equity Moderate Buffer ETF – November has a 12 month low of $35.18 and a 12 month high of $41.67. The stock has a market capitalization of $311.93 million, a price-to-earnings ratio of 24.84 and a beta of 0.34. The business has a 50-day moving average of $40.33 and a 200 day moving average of $39.84.

Institutional Trading of FT Vest U.S. Equity Moderate Buffer ETF – November

A number of hedge funds and other institutional investors have recently made changes to their positions in GNOV. Fifth Third Bancorp purchased a new position in FT Vest U.S. Equity Moderate Buffer ETF – November during the 4th quarter worth approximately $57,000. Larson Financial Group LLC purchased a new stake in FT Vest U.S. Equity Moderate Buffer ETF – November in the fourth quarter valued at approximately $75,000. Evolution Wealth Management Inc. acquired a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – November in the fourth quarter valued at approximately $104,000. Rockefeller Capital Management L.P. boosted its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – November by 471.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,030 shares of the company’s stock valued at $120,000 after acquiring an additional 2,500 shares during the period. Finally, Geneos Wealth Management Inc. grew its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – November by 32.1% during the second quarter. Geneos Wealth Management Inc. now owns 4,113 shares of the company’s stock worth $150,000 after acquiring an additional 1,000 shares during the last quarter.

About FT Vest U.S. Equity Moderate Buffer ETF – November

The FT Vest U.S. Equity Moderate Buffer ETF -November (GNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GNOV was launched on Nov 17, 2023 and is issued by First Trust.