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

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 16,615 shares, a growth of 219.7% from the May 31st total of 5,197 shares. Based on an average daily volume of 13,232 shares, the short-interest ratio is presently 1.3 days. Approximately 0.1% of the company’s shares are sold short.

FT Vest U.S. Equity Buffer ETF – November Stock Up 1.1%

FNOV opened at $58.21 on Tuesday. FT Vest U.S. Equity Buffer ETF – November has a 52 week low of $49.98 and a 52 week high of $58.64. The business has a fifty day simple moving average of $57.68 and a 200-day simple moving average of $55.80. The firm has a market cap of $1.02 billion, a P/E ratio of 24.11 and a beta of 0.65.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. SOA Wealth Advisors LLC. increased its stake in FT Vest U.S. Equity Buffer ETF – November by 1,778.7% during the fourth quarter. SOA Wealth Advisors LLC. now owns 1,146 shares of the company’s stock worth $63,000 after purchasing an additional 1,085 shares during the period. Darwin Wealth Management LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – November during the second quarter worth about $73,000. Apollon Wealth Management LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – November in the first quarter valued at approximately $207,000. Integrity Alliance LLC. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – November in the fourth quarter valued at approximately $217,000. Finally, Orion Porfolio Solutions LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – November in the fourth quarter valued at approximately $220,000.

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

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