FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (BATS:XNOV) Stock Short Interest Climbs 488.4%

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (BATS:XNOV) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 3,872 shares, an increase of 488.4% from the September 15th total of 658 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 65,240 shares, the short-interest ratio is presently 0.1 days.

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

XNOV stock opened at $40.62 on Monday. The firm has a market capitalization of $30.46 million, a price-to-earnings ratio of 24.94 and a beta of 0.24. The company’s 50 day moving average price is $40.31 and its 200 day moving average price is $39.51. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November has a fifty-two week low of $36.52 and a fifty-two week high of $40.63.

Institutional Trading of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November

Institutional investors and hedge funds have recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. purchased a new stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November in the second quarter valued at approximately $256,000. Kestra Advisory Services LLC increased its stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November by 2.0% in the 1st quarter. Kestra Advisory Services LLC now owns 62,419 shares of the company’s stock valued at $2,334,000 after buying an additional 1,206 shares during the period. Finally, Envestnet Asset Management Inc. acquired a new position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November in the 2nd quarter valued at $7,238,000.

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

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (XNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a one-year period. The actively managed fund holds options and collateral. XNOV was launched on Nov 17, 2023 and is issued by First Trust.