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 increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,924 shares, an increase of 1,264.5% from the June 30th total of 141 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 1,580 shares, the days-to-cover ratio is currently 1.2 days.

Hedge Funds Weigh In On FT Vest Dow Jones Internet & Target Income ETF

Large investors have recently made changes to their positions in the company. Triumph Capital Management purchased a new stake in FT Vest Dow Jones Internet & Target Income ETF during the third quarter worth $56,000. Independent Financial Group LLC purchased a new position in FT Vest Dow Jones Internet & Target Income ETF in the first quarter valued at $383,000. Jane Street Group LLC acquired a new position in shares of FT Vest Dow Jones Internet & Target Income ETF in the fourth quarter worth about $515,000. Finally, Osaic Holdings Inc. raised its position in shares of 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 worth $1,015,000 after acquiring an additional 4,967 shares during the period.

FT Vest Dow Jones Internet & Target Income ETF Stock Up 0.5%

Shares of FDND opened at $20.44 on Friday. The company has a market capitalization of $6.13 million, a price-to-earnings ratio of 33.97 and a beta of 1.44. FT Vest Dow Jones Internet & Target Income ETF has a 52 week low of $18.76 and a 52 week high of $24.79. The stock’s 50-day moving average price is $21.45 and its 200-day moving average price is $21.03.

FT Vest Dow Jones Internet & Target Income ETF Company Profile

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.