FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV) Sees Significant Growth in Short Interest

FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 9,736 shares, a growth of 544.8% from the April 15th total of 1,510 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 12,240 shares, the short-interest ratio is currently 0.8 days.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Madrona Financial Services LLC purchased a new position in FT Vest U.S. Equity Deep Buffer ETF – November during the fourth quarter valued at $1,518,000. Arkadios Wealth Advisors raised its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – November by 207.5% during the third quarter. Arkadios Wealth Advisors now owns 23,585 shares of the company’s stock valued at $1,104,000 after acquiring an additional 15,915 shares during the last quarter. Encompass More Asset Management acquired a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – November during the fourth quarter valued at approximately $3,234,000. Precedent Wealth Partners LLC acquired a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – November during the fourth quarter valued at approximately $3,206,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – November during the fourth quarter valued at approximately $2,663,000.

FT Vest U.S. Equity Deep Buffer ETF – November Stock Down 0.0%

DNOV opened at $50.70 on Tuesday. The company has a market cap of $366.56 million, a price-to-earnings ratio of 25.02 and a beta of 0.39. FT Vest U.S. Equity Deep Buffer ETF – November has a 52-week low of $42.68 and a 52-week high of $50.80. The firm’s fifty day simple moving average is $49.04 and its two-hundred day simple moving average is $48.70.

FT Vest U.S. Equity Deep Buffer ETF – November Company Profile

The FT Cboe Vest U.S. Equity Deep Buffer ETF – November (DNOV) 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. DNOV was launched on Nov 15, 2019 and is managed by First Trust.