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

FT Vest Technology Dividend Target Income ETF (BATS:TDVI) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 26,373 shares, a decline of 46.0% from the May 31st total of 48,823 shares. Based on an average trading volume of 109,832 shares, the short-interest ratio is presently 0.2 days. Approximately 0.7% of the shares of the stock are short sold.

Hedge Funds Weigh In On FT Vest Technology Dividend Target Income ETF

Several institutional investors have recently bought and sold shares of TDVI. Southern Capital Services Inc. ADV grew its holdings in shares of FT Vest Technology Dividend Target Income ETF by 2.5% during the first quarter. Southern Capital Services Inc. ADV now owns 559,518 shares of the company’s stock worth $14,861,000 after purchasing an additional 13,760 shares during the last quarter. Royal Bank of Canada increased its stake in shares of FT Vest Technology Dividend Target Income ETF by 4.9% in the first quarter. Royal Bank of Canada now owns 408,277 shares of the company’s stock valued at $10,844,000 after buying an additional 19,007 shares in the last quarter. LPL Financial LLC raised its holdings in shares of FT Vest Technology Dividend Target Income ETF by 44.2% in the fourth quarter. LPL Financial LLC now owns 406,776 shares of the company’s stock valued at $11,284,000 after buying an additional 124,781 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of FT Vest Technology Dividend Target Income ETF by 1,142,256.5% in the third quarter. Raymond James Financial Inc. now owns 262,742 shares of the company’s stock valued at $7,528,000 after buying an additional 262,719 shares during the last quarter. Finally, Independent Financial Group LLC acquired a new position in FT Vest Technology Dividend Target Income ETF during the 1st quarter worth about $5,315,000.

FT Vest Technology Dividend Target Income ETF Price Performance

Shares of TDVI opened at $31.49 on Tuesday. 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 has a one year low of $25.63 and a one year high of $35.57. The business’s 50 day simple moving average is $31.73 and its 200-day simple moving average is $29.21.

About FT Vest Technology Dividend Target Income ETF

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.