FT Vest Technology Dividend Target Income ETF (BATS:TDVI) Short Interest Up 293.7% in June

FT Vest Technology Dividend Target Income ETF (BATS:TDVI) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 103,843 shares, a growth of 293.7% from the June 15th total of 26,373 shares. Approximately 2.7% of the company’s stock are short sold. Based on an average trading volume of 104,738 shares, the short-interest ratio is currently 1.0 days.

FT Vest Technology Dividend Target Income ETF Price Performance

Shares of TDVI stock opened at $31.24 on Tuesday. The firm has a market cap of $118.71 million, a P/E ratio of 25.63 and a beta of 1.18. FT Vest Technology Dividend Target Income ETF has a 1-year low of $25.63 and a 1-year high of $35.57. The firm has a fifty day moving average of $32.04 and a two-hundred day moving average of $29.43.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of TDVI. Royal Bank of Canada acquired a new position in shares of FT Vest Technology Dividend Target Income ETF in the 1st quarter worth approximately $378,000. Jane Street Group LLC bought a new stake in shares of FT Vest Technology Dividend Target Income ETF in the 1st quarter valued at approximately $209,000. First Trust Advisors LP acquired a new stake in shares of FT Vest Technology Dividend Target Income ETF during the 2nd quarter valued at approximately $344,000. Private Advisor Group LLC raised its position in shares of FT Vest Technology Dividend Target Income ETF by 1.8% during the 3rd quarter. Private Advisor Group LLC now owns 63,816 shares of the company’s stock valued at $1,828,000 after acquiring an additional 1,125 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in FT Vest Technology Dividend Target Income ETF by 1,142,256.5% in the third quarter. Raymond James Financial Inc. now owns 262,742 shares of the company’s stock worth $7,528,000 after purchasing an additional 262,719 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.