Short Interest in FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV) Rises By 117.5%

FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 18,946 shares, an increase of 117.5% from the May 14th total of 8,710 shares. Based on an average daily volume of 14,417 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.3% of the shares of the company are sold short.

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

Institutional investors have recently modified their holdings of the company. Financial Perspectives Inc bought a new position in FT Vest U.S. Equity Deep Buffer ETF – November during the fourth quarter worth $27,000. Prospera Financial Services Inc bought a new position in FT Vest U.S. Equity Deep Buffer ETF – November during the fourth quarter worth $203,000. Wealthgarden F.S. LLC bought a new position in FT Vest U.S. Equity Deep Buffer ETF – November during the fourth quarter worth $217,000. Cottage Street Advisors LLC bought a new position in FT Vest U.S. Equity Deep Buffer ETF – November during the fourth quarter worth $223,000. Finally, U.S. Capital Wealth Advisors LLC bought a new position in FT Vest U.S. Equity Deep Buffer ETF – November during the fourth quarter worth $231,000.

FT Vest U.S. Equity Deep Buffer ETF – November Stock Up 0.2%

BATS:DNOV opened at $51.00 on Friday. FT Vest U.S. Equity Deep Buffer ETF – November has a 12 month low of $43.58 and a 12 month high of $51.32. The firm has a market cap of $368.73 million, a price-to-earnings ratio of 25.02 and a beta of 0.39. The company’s 50 day moving average is $50.30 and its 200-day moving average is $49.29.

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.