Short Interest in FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Increases By 49.8%

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 35,607 shares, a growth of 49.8% from the July 15th total of 23,765 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 10,867 shares, the days-to-cover ratio is currently 3.3 days.

FT Vest U.S. Equity Buffer ETF – November Stock Performance

FNOV opened at $59.71 on Thursday. The firm has a market cap of $1.05 billion, a P/E ratio of 24.11 and a beta of 0.65. The firm has a 50-day moving average of $58.73 and a 200 day moving average of $56.83. FT Vest U.S. Equity Buffer ETF – November has a fifty-two week low of $51.14 and a fifty-two week high of $59.90.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Kingswood Wealth Advisors LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – November by 6.2% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 5,166 shares of the company’s stock worth $283,000 after purchasing an additional 300 shares during the last quarter. CoreCap Advisors LLC grew its holdings in FT Vest U.S. Equity Buffer ETF – November by 2.6% during the second quarter. CoreCap Advisors LLC now owns 13,674 shares of the company’s stock valued at $800,000 after purchasing an additional 341 shares during the period. Janney Montgomery Scott LLC grew its holdings in FT Vest U.S. Equity Buffer ETF – November by 1.0% during the first quarter. Janney Montgomery Scott LLC now owns 42,753 shares of the company’s stock valued at $2,283,000 after purchasing an additional 405 shares during the period. Altman Advisors Inc. grew its holdings in FT Vest U.S. Equity Buffer ETF – November by 0.5% during the fourth quarter. Altman Advisors Inc. now owns 95,028 shares of the company’s stock valued at $5,210,000 after purchasing an additional 507 shares during the period. Finally, Buck Wealth Strategies LLC increased its position in FT Vest U.S. Equity Buffer ETF – November by 11.5% in the fourth quarter. Buck Wealth Strategies LLC now owns 4,955 shares of the company’s stock worth $272,000 after buying an additional 510 shares during the last quarter.

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

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.