FT Vest Technology Dividend Target Income ETF (BATS:TDVI) Short Interest Down 46.0% in June

FT Vest Technology Dividend Target Income ETF (BATS:TDVI) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 26,373 shares, a drop of 46.0% from the May 31st total of 48,823 shares. Based on an average daily trading volume, of 109,832 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.7% of the shares of the stock are short sold.

FT Vest Technology Dividend Target Income ETF Price Performance

FT Vest Technology Dividend Target Income ETF stock opened at $31.33 on Thursday. FT Vest Technology Dividend Target Income ETF has a 1 year low of $25.63 and a 1 year high of $35.57. The firm’s 50 day moving average price is $31.82 and its 200-day moving average price is $29.24. The stock has a market cap of $119.05 million, a P/E ratio of 25.63 and a beta of 1.18.

Institutional Investors Weigh In On FT Vest Technology Dividend Target Income ETF

Several large investors have recently bought and sold shares of the business. Balboa Wealth Partners raised its stake in FT Vest Technology Dividend Target Income ETF by 4.3% during the first quarter. Balboa Wealth Partners now owns 8,383 shares of the company’s stock valued at $223,000 after purchasing an additional 347 shares in the last quarter. Silver Oak Securities Incorporated grew its stake in shares of FT Vest Technology Dividend Target Income ETF by 4.6% in the 4th quarter. Silver Oak Securities Incorporated now owns 8,914 shares of the company’s stock worth $249,000 after buying an additional 393 shares in the last quarter. Stephens Inc. AR increased its holdings in shares of FT Vest Technology Dividend Target Income ETF by 1.6% in the 4th quarter. Stephens Inc. AR now owns 27,767 shares of the company’s stock worth $770,000 after buying an additional 431 shares during the last quarter. Core Wealth Partners LLC increased its holdings in shares of FT Vest Technology Dividend Target Income ETF by 3.4% in the 4th quarter. Core Wealth Partners LLC now owns 18,792 shares of the company’s stock worth $521,000 after buying an additional 620 shares during the last quarter. Finally, MGO One Seven LLC raised its position in shares of FT Vest Technology Dividend Target Income ETF by 10.9% during the 4th quarter. MGO One Seven LLC now owns 8,004 shares of the company’s stock valued at $222,000 after buying an additional 789 shares in the last quarter.

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.