FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (BATS:XNOV) Sees Significant Increase in Short Interest

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (BATS:XNOV) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 30,015 shares, a growth of 642.4% from the June 15th total of 4,043 shares. Currently, 4.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 86,117 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November stock. Kestra Advisory Services LLC boosted its holdings in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (BATS:XNOV) by 2.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 62,419 shares of the company’s stock after purchasing an additional 1,206 shares during the period. Kestra Advisory Services LLC owned about 8.32% of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November worth $2,334,000 at the end of the most recent quarter.

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

Shares of BATS:XNOV opened at $39.81 on Monday. The firm has a 50 day moving average of $39.39 and a 200-day moving average of $38.50. The stock has a market capitalization of $29.86 million, a PE ratio of 24.94 and a beta of 0.24. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November has a 12 month low of $35.62 and a 12 month high of $39.81.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November Company Profile

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (XNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a one-year period. The actively managed fund holds options and collateral. XNOV was launched on Nov 17, 2023 and is issued by First Trust.