FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV) Stock Short Interest Falls 93.9%

FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV) was the target of a significant drop in short interest in October. As of October 30th, there was short interest totaling 4,845 shares, a drop of 93.9% from the October 15th total of 79,624 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 5,796 shares, the short-interest ratio is presently 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 company. HighTower Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Deep Buffer ETF – November in the third quarter valued at $1,866,000. Harbour Investments Inc. purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – November during the third quarter valued at $6,212,000. Ashton Thomas Private Wealth LLC grew its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – November by 0.3% during the third quarter. Ashton Thomas Private Wealth LLC now owns 63,495 shares of the company’s stock valued at $3,346,000 after buying an additional 204 shares in the last quarter. Commonwealth Equity Services LLC acquired a new position in FT Vest U.S. Equity Deep Buffer ETF – November during the third quarter valued at $8,822,000. Finally, Founders Financial Securities LLC acquired a new position in FT Vest U.S. Equity Deep Buffer ETF – November during the third quarter valued at $4,449,000.

FT Vest U.S. Equity Deep Buffer ETF – November Price Performance

DNOV stock opened at $53.25 on Thursday. FT Vest U.S. Equity Deep Buffer ETF – November has a 52-week low of $47.10 and a 52-week high of $53.32. The company’s 50 day simple moving average is $52.78 and its 200-day simple moving average is $50.94. The firm has a market capitalization of $412.69 million, a P/E ratio of 25.02 and a beta of 0.43.

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.