FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) Stock Short Interest Report for September

FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 144,453 shares, a growth of 59.7% from the September 15th total of 90,473 shares. Based on an average daily trading volume, of 1,632,821 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Investors Weigh In On FT Vest Rising Dividend Achievers Target Income ETF

Institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 4.2% in the 3rd quarter. IFP Advisors Inc now owns 249,561 shares of the company’s stock worth $6,958,000 after purchasing an additional 10,081 shares in the last quarter. 1834 Investment Advisors Co. acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter worth approximately $445,000. James T. Borello RIA grew its position in FT Vest Rising Dividend Achievers Target Income ETF by 37.5% during the third quarter. James T. Borello RIA now owns 215,807 shares of the company’s stock valued at $6,017,000 after buying an additional 58,840 shares during the period. Cyndeo Wealth Partners LLC grew its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 13.7% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 18,824 shares of the company’s stock valued at $525,000 after acquiring an additional 2,271 shares during the period. Finally, Milestone Asset Management LLC grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 17.7% in the third quarter. Milestone Asset Management LLC now owns 65,993 shares of the company’s stock valued at $1,840,000 after purchasing an additional 9,939 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of BATS:RDVI opened at $28.22 on Friday. The company has a market capitalization of $2.33 billion, a P/E ratio of 16.57 and a beta of 1.03. The firm’s 50 day simple moving average is $28.78 and its two-hundred day simple moving average is $28.28. FT Vest Rising Dividend Achievers Target Income ETF has a 1-year low of $24.77 and a 1-year high of $30.08.

About FT Vest Rising Dividend Achievers Target Income ETF

The FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund seeks to provide current income and capital appreciation by holding a portfolio of dividend-paying US equities, while utilizing a naked call writing strategy on the S&P 500 Index. RDVI was launched on Oct 19, 2022 and is managed by First Trust.