FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) Short Interest Up 127.0% in July

FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 167,313 shares, a growth of 127.0% from the July 15th total of 73,690 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 899,944 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of FT Vest Rising Dividend Achievers Target Income ETF

Several large investors have recently made changes to their positions in the company. Cozad Asset Management Inc. increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 2.1% in the 1st quarter. Cozad Asset Management Inc. now owns 17,965 shares of the company’s stock valued at $459,000 after purchasing an additional 369 shares during the last quarter. Archer Investment Corp lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 47.8% during the 1st quarter. Archer Investment Corp now owns 1,191 shares of the company’s stock worth $30,000 after buying an additional 385 shares during the last quarter. Main Street Financial Solutions LLC lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.8% during the 4th quarter. Main Street Financial Solutions LLC now owns 21,432 shares of the company’s stock worth $562,000 after buying an additional 386 shares during the last quarter. IMG Wealth Management Inc. boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 21.2% in the first quarter. IMG Wealth Management Inc. now owns 2,312 shares of the company’s stock valued at $59,000 after buying an additional 404 shares in the last quarter. Finally, Insight Advisors LLC PA boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 1.0% in the first quarter. Insight Advisors LLC PA now owns 42,579 shares of the company’s stock valued at $1,088,000 after buying an additional 435 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

RDVI stock opened at $30.02 on Friday. FT Vest Rising Dividend Achievers Target Income ETF has a 12 month low of $24.77 and a 12 month high of $30.08. The firm has a market cap of $2.48 billion, a P/E ratio of 16.57 and a beta of 1.03. The company’s 50-day moving average price is $29.05 and its two-hundred day moving average price is $27.66.

FT Vest Rising Dividend Achievers Target Income ETF Company Profile

The FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund seeks to provide current income and capital appreciation by holding a portfolio of dividend-paying US equities, while utilizing a naked call writing strategy on the S&P 500 Index. RDVI was launched on Oct 19, 2022 and is managed by First Trust.