FT Vest DJIA Dogs 10 Target Income ETF (BATS:DOGG) Sees Large Decline in Short Interest

FT Vest DJIA Dogs 10 Target Income ETF (BATS:DOGG) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 44,765 shares, a decrease of 65.3% from the July 15th total of 128,892 shares. Based on an average daily volume of 28,060 shares, the short-interest ratio is presently 1.6 days. Currently, 2.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Cetera Investment Advisers lifted its stake in FT Vest DJIA Dogs 10 Target Income ETF by 189.8% in the 1st quarter. Cetera Investment Advisers now owns 63,042 shares of the company’s stock valued at $1,369,000 after purchasing an additional 41,290 shares during the last quarter. Next Level Private LLC increased its position in FT Vest DJIA Dogs 10 Target Income ETF by 17.4% during the second quarter. Next Level Private LLC now owns 111,640 shares of the company’s stock worth $2,378,000 after buying an additional 16,575 shares during the last quarter. NewEdge Advisors LLC acquired a new position in FT Vest DJIA Dogs 10 Target Income ETF during the first quarter worth approximately $368,000. Sanctuary Advisors LLC raised its stake in FT Vest DJIA Dogs 10 Target Income ETF by 2.4% in the first quarter. Sanctuary Advisors LLC now owns 29,725 shares of the company’s stock valued at $645,000 after buying an additional 704 shares during the period. Finally, Janney Montgomery Scott LLC bought a new stake in FT Vest DJIA Dogs 10 Target Income ETF in the fourth quarter valued at approximately $449,000.

FT Vest DJIA Dogs 10 Target Income ETF Trading Up 0.5%

BATS:DOGG opened at $22.25 on Friday. The stock has a market capitalization of $45.61 million, a PE ratio of 18.45 and a beta of 0.54. FT Vest DJIA Dogs 10 Target Income ETF has a 1-year low of $19.66 and a 1-year high of $23.50. The firm has a fifty day simple moving average of $21.72 and a 200 day simple moving average of $21.79.

FT Vest DJIA Dogs 10 Target Income ETF Company Profile

The FT Cboe Vest DJIA Dogs 10 Target Income ETF (DOGG) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a consistent level of income with a secondary objective of providing capital appreciation. The fund invests in a concentrated portfolio of equally weighted, high dividend-yielding, large-cap US stocks, options, and short-term Treasury securities. DOGG was launched on Apr 26, 2023 and is managed by First Trust.