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

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

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

Shares of DNOV stock opened at $51.38 on Friday. 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 business’s 50 day moving average is $51.20 and its two-hundred day moving average is $49.85. The company has a market cap of $371.48 million, a PE ratio of 25.02 and a beta of 0.39.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of DNOV. Western Wealth Management LLC bought a new stake in FT Vest U.S. Equity Deep Buffer ETF – November during the first quarter valued at about $512,000. Cetera Investment Advisers boosted its position in shares of FT Vest U.S. Equity Deep Buffer ETF – November by 8.2% in the first quarter. Cetera Investment Advisers now owns 111,285 shares of the company’s stock valued at $5,331,000 after acquiring an additional 8,394 shares during the period. First Trust Advisors LP boosted its position in shares of FT Vest U.S. Equity Deep Buffer ETF – November by 54.3% in the first quarter. First Trust Advisors LP now owns 8,337 shares of the company’s stock valued at $399,000 after acquiring an additional 2,933 shares during the period. 1ST Source Bank grew its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – November by 25.0% in the first quarter. 1ST Source Bank now owns 86,361 shares of the company’s stock worth $4,137,000 after acquiring an additional 17,250 shares during the last quarter. Finally, Echo Wealth Management LLC increased its position in FT Vest U.S. Equity Deep Buffer ETF – November by 66.0% during the first quarter. Echo Wealth Management LLC now owns 70,275 shares of the company’s stock worth $3,367,000 after acquiring an additional 27,929 shares during the period.

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.