FT Vest Technology Dividend Target Income ETF (BATS:TDVI) Short Interest Up 293.7% in June

FT Vest Technology Dividend Target Income ETF (BATS:TDVI) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 103,843 shares, an increase of 293.7% from the June 15th total of 26,373 shares. Based on an average daily volume of 104,738 shares, the days-to-cover ratio is currently 1.0 days. Approximately 2.7% of the company’s stock are sold short.

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

Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada acquired a new stake in shares of FT Vest Technology Dividend Target Income ETF in the first quarter worth about $378,000. Jane Street Group LLC bought a new position in shares of FT Vest Technology Dividend Target Income ETF in the 1st quarter valued at approximately $209,000. First Trust Advisors LP bought a new position in shares of FT Vest Technology Dividend Target Income ETF in the 2nd quarter valued at approximately $344,000. Private Advisor Group LLC lifted its holdings in FT Vest Technology Dividend Target Income ETF by 1.8% in the 3rd quarter. Private Advisor Group LLC now owns 63,816 shares of the company’s stock worth $1,828,000 after purchasing an additional 1,125 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in FT Vest Technology Dividend Target Income ETF by 1,142,256.5% in the 3rd quarter. Raymond James Financial Inc. now owns 262,742 shares of the company’s stock worth $7,528,000 after purchasing an additional 262,719 shares during the last quarter.

FT Vest Technology Dividend Target Income ETF Trading Down 0.3%

TDVI stock opened at $31.59 on Friday. FT Vest Technology Dividend Target Income ETF has a 1 year low of $25.63 and a 1 year high of $35.57. The company has a fifty day simple moving average of $32.02 and a 200 day simple moving average of $29.40. The firm has a market cap of $120.04 million, a PE ratio of 25.63 and a beta of 1.18.

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.