FT Vest Technology Dividend Target Income ETF (BATS:TDVI) Short Interest Update

FT Vest Technology Dividend Target Income ETF (BATS:TDVI) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 40,821 shares, a drop of 48.2% from the July 30th total of 78,755 shares. Based on an average trading volume of 108,937 shares, the days-to-cover ratio is presently 0.4 days. Currently, 1.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Balboa Wealth Partners lifted its stake in shares of FT Vest Technology Dividend Target Income ETF by 4.3% in the 1st quarter. Balboa Wealth Partners now owns 8,383 shares of the company’s stock worth $223,000 after acquiring an additional 347 shares during the period. Stephens Inc. AR boosted its holdings in shares of FT Vest Technology Dividend Target Income ETF by 1.6% in the fourth quarter. Stephens Inc. AR now owns 27,767 shares of the company’s stock valued at $770,000 after acquiring an additional 431 shares in the last quarter. Core Wealth Partners LLC increased its stake in shares of FT Vest Technology Dividend Target Income ETF by 3.4% during the fourth quarter. Core Wealth Partners LLC now owns 18,792 shares of the company’s stock valued at $521,000 after acquiring an additional 620 shares during the period. Silver Oak Securities Incorporated increased its stake in shares of FT Vest Technology Dividend Target Income ETF by 7.9% during the first quarter. Silver Oak Securities Incorporated now owns 9,619 shares of the company’s stock valued at $255,000 after acquiring an additional 705 shares during the period. Finally, MGO One Seven LLC raised its holdings in FT Vest Technology Dividend Target Income ETF by 10.9% during the fourth quarter. MGO One Seven LLC now owns 8,004 shares of the company’s stock worth $222,000 after purchasing an additional 789 shares in the last quarter.

FT Vest Technology Dividend Target Income ETF Price Performance

Shares of FT Vest Technology Dividend Target Income ETF stock opened at $31.49 on Monday. FT Vest Technology Dividend Target Income ETF has a 1-year low of $25.63 and a 1-year high of $35.57. The business’s fifty day moving average price is $31.08 and its two-hundred day moving average price is $30.09. The company has a market capitalization of $119.66 million, a P/E ratio of 25.63 and a beta of 1.18.

FT Vest Technology Dividend Target Income ETF Company Profile

The FT Vest Technology Dividend Target Income ETF (TDVI) is an exchange-traded fund that mostly invests in information technology equity. TVDI is an actively managed fund that seeks to provide a target level of current income and capital appreciation by holding a portfolio of dividend-paying US technology companies. The fund also utilizes a naked call writing option strategy on the Nasdaq 100 Index (NDX) and/or the S&P 500 Index (SPX) or related ETFs. TDVI was launched on Aug 9, 2023 and is issued by First Trust.