FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV) Sees Significant Decrease in Short Interest

FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 5,295 shares, a decrease of 75.8% from the June 30th total of 21,905 shares. Based on an average daily trading volume, of 3,402 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.1% of the company’s shares are short sold.

FT Vest U.S. Equity Deep Buffer ETF – November Trading Up 0.1%

Shares of BATS:DNOV opened at $51.38 on Friday. The stock’s 50-day moving average price is $51.20 and its two-hundred day moving average price is $49.85. The firm has a market cap of $371.48 million, a price-to-earnings ratio of 25.02 and a beta of 0.39. FT Vest U.S. Equity Deep Buffer ETF – November has a 12-month low of $44.85 and a 12-month high of $51.71.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Western Wealth Management LLC acquired a new stake in FT Vest U.S. Equity Deep Buffer ETF – November during the 1st quarter valued at $512,000. Cetera Investment Advisers grew its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – November by 8.2% during the 1st quarter. Cetera Investment Advisers now owns 111,285 shares of the company’s stock valued at $5,331,000 after acquiring an additional 8,394 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – November by 54.3% during the first quarter. First Trust Advisors LP now owns 8,337 shares of the company’s stock worth $399,000 after acquiring an additional 2,933 shares in the last quarter. 1ST Source Bank raised its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – November by 25.0% during the first quarter. 1ST Source Bank now owns 86,361 shares of the company’s stock worth $4,137,000 after acquiring an additional 17,250 shares in the last quarter. Finally, Echo Wealth Management LLC grew its stake in FT Vest U.S. Equity Deep Buffer ETF – November by 66.0% in the first quarter. Echo Wealth Management LLC now owns 70,275 shares of the company’s stock valued at $3,367,000 after purchasing an additional 27,929 shares in the last quarter.

FT Vest U.S. Equity Deep Buffer ETF – November Company Profile

The FT Cboe Vest U.S. Equity Deep Buffer ETF – November (DNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. DNOV was launched on Nov 15, 2019 and is managed by First Trust.