FT Vest Technology Dividend Target Income ETF (BATS:TDVI) Short Interest Down 48.2% in August

FT Vest Technology Dividend Target Income ETF (BATS:TDVI) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 40,821 shares, a drop of 48.2% from the July 30th total of 78,755 shares. Based on an average daily volume of 108,937 shares, the short-interest ratio is currently 0.4 days. Currently, 1.1% of the company’s shares are sold short.

FT Vest Technology Dividend Target Income ETF Trading Down 0.5%

BATS TDVI opened at $31.49 on Friday. FT Vest Technology Dividend Target Income ETF has a 12 month low of $25.63 and a 12 month high of $35.57. The stock has a 50-day simple moving average of $31.08 and a 200 day simple moving average of $30.08. The company has a market capitalization of $119.66 million, a PE ratio of 25.63 and a beta of 1.18.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TDVI. Balboa Wealth Partners raised its position in shares of FT Vest Technology Dividend Target Income ETF by 4.3% during the first quarter. Balboa Wealth Partners now owns 8,383 shares of the company’s stock worth $223,000 after purchasing an additional 347 shares during the period. Stephens Inc. AR grew its position in shares of FT Vest Technology Dividend Target Income ETF by 1.6% in the 4th quarter. Stephens Inc. AR now owns 27,767 shares of the company’s stock valued at $770,000 after purchasing an additional 431 shares during the period. Core Wealth Partners LLC increased its stake in FT Vest Technology Dividend Target Income ETF by 3.4% during the 4th quarter. Core Wealth Partners LLC now owns 18,792 shares of the company’s stock worth $521,000 after purchasing an additional 620 shares in the last quarter. Silver Oak Securities Incorporated increased its stake in FT Vest Technology Dividend Target Income ETF by 7.9% during the 1st quarter. Silver Oak Securities Incorporated now owns 9,619 shares of the company’s stock worth $255,000 after purchasing an additional 705 shares in the last quarter. Finally, MGO One Seven LLC raised its holdings in FT Vest Technology Dividend Target Income ETF by 10.9% during the 4th quarter. MGO One Seven LLC now owns 8,004 shares of the company’s stock worth $222,000 after buying an additional 789 shares during the period.

About FT Vest Technology Dividend Target Income ETF

The FT Vest Technology Dividend Target Income ETF (TDVI) is an exchange-traded fund that mostly invests in information technology equity. TVDI is an actively managed fund that seeks to provide a target level of current income and capital appreciation by holding a portfolio of dividend-paying US technology companies. The fund also utilizes a naked call writing option strategy on the Nasdaq 100 Index (NDX) and/or the S&P 500 Index (SPX) or related ETFs. TDVI was launched on Aug 9, 2023 and is issued by First Trust.