FT Vest U.S. Equity Moderate Buffer ETF – November (BATS:GNOV) Sees Significant Drop in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – November (BATS:GNOV) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 5,442 shares, a decline of 49.8% from the June 15th total of 10,834 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 29,646 shares, the short-interest ratio is currently 0.2 days.

FT Vest U.S. Equity Moderate Buffer ETF – November Trading Up 0.2%

Shares of GNOV stock opened at $42.00 on Wednesday. The company has a market cap of $315 million, a P/E ratio of 24.84 and a beta of 0.34. The firm has a fifty day moving average price of $41.59 and a 200 day moving average price of $40.45. FT Vest U.S. Equity Moderate Buffer ETF – November has a 12 month low of $36.50 and a 12 month high of $42.05.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Fifth Third Bancorp purchased a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – November in the 4th quarter valued at about $57,000. Larson Financial Group LLC purchased a new stake in FT Vest U.S. Equity Moderate Buffer ETF – November during the fourth quarter worth approximately $75,000. Evolution Wealth Management Inc. purchased a new stake in FT Vest U.S. Equity Moderate Buffer ETF – November during the fourth quarter worth approximately $104,000. Rockefeller Capital Management L.P. boosted its holdings in FT Vest U.S. Equity Moderate Buffer ETF – November by 471.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,030 shares of the company’s stock valued at $120,000 after purchasing an additional 2,500 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in FT Vest U.S. Equity Moderate Buffer ETF – November by 32.1% in the second quarter. Geneos Wealth Management Inc. now owns 4,113 shares of the company’s stock valued at $150,000 after purchasing an additional 1,000 shares in the last quarter.

About FT Vest U.S. Equity Moderate Buffer ETF – November

The FT Vest U.S. Equity Moderate Buffer ETF -November (GNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GNOV was launched on Nov 17, 2023 and is issued by First Trust.