FT Vest Dow Jones Internet & Target Income ETF (BATS:FDND) Short Interest Update

FT Vest Dow Jones Internet & Target Income ETF (BATS:FDND) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 376 shares, a decrease of 63.5% from the July 30th total of 1,030 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,236 shares, the days-to-cover ratio is presently 0.3 days.

FT Vest Dow Jones Internet & Target Income ETF Price Performance

Shares of BATS:FDND opened at $23.01 on Friday. The company has a market cap of $6.90 million, a price-to-earnings ratio of 33.97 and a beta of 1.44. The firm has a 50 day simple moving average of $21.75 and a 200 day simple moving average of $21.11. FT Vest Dow Jones Internet & Target Income ETF has a one year low of $18.76 and a one year high of $24.79.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Triumph Capital Management acquired a new stake in shares of FT Vest Dow Jones Internet & Target Income ETF during the 3rd quarter valued at $56,000. Independent Financial Group LLC acquired a new position in FT Vest Dow Jones Internet & Target Income ETF in the 1st quarter worth about $383,000. Jane Street Group LLC acquired a new position in FT Vest Dow Jones Internet & Target Income ETF in the 4th quarter worth about $515,000. Finally, Osaic Holdings Inc. raised its position in FT Vest Dow Jones Internet & Target Income ETF by 12.4% in the fourth quarter. Osaic Holdings Inc. now owns 45,074 shares of the company’s stock valued at $1,015,000 after purchasing an additional 4,967 shares during the last quarter.

About FT Vest Dow Jones Internet & Target Income ETF

The FT Vest Dow Jones Internet & Target Income ETF (FDND) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that seeks a target level of current income and capital appreciation by holding a portfolio of US internet stocks, while utilizing a naked call writing strategy on the Nasdaq-100 Index or related ETF. FDND was launched on Mar 20, 2024 and is issued by First Trust.