FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Short Interest Down 59.2% in May

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 5,197 shares, a decline of 59.2% from the May 14th total of 12,723 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 18,475 shares, the short-interest ratio is currently 0.3 days.

FT Vest U.S. Equity Buffer ETF – November Stock Up 0.3%

Shares of BATS:FNOV traded up $0.18 during midday trading on Friday, reaching $57.99. The company’s stock had a trading volume of 9,294 shares, compared to its average volume of 17,768. The business has a 50 day moving average price of $56.97 and a 200 day moving average price of $55.51. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 24.11 and a beta of 0.65. FT Vest U.S. Equity Buffer ETF – November has a 1 year low of $48.68 and a 1 year high of $58.52.

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

A number of institutional investors have recently made changes to their positions in FNOV. SOA Wealth Advisors LLC. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – November by 1,778.7% in 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 bought a new position in shares of FT Vest U.S. Equity Buffer ETF – November in the second quarter worth about $73,000. Apollon Wealth Management LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – November during the first quarter worth about $207,000. Integrity Alliance LLC. bought a new position in FT Vest U.S. Equity Buffer ETF – November during the fourth quarter valued at about $217,000. Finally, Orion Porfolio Solutions LLC bought a new position in FT Vest U.S. Equity Buffer ETF – November during the fourth quarter valued at about $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.