FT Vest Dow Jones Internet & Target Income ETF (BATS:FDND) Short Interest Update

FT Vest Dow Jones Internet & Target Income ETF (BATS:FDND) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 1,030 shares, a decline of 46.5% from the July 15th total of 1,924 shares. Based on an average daily trading volume, of 2,246 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Trading of FT Vest Dow Jones Internet & Target Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Triumph Capital Management acquired a new position in FT Vest Dow Jones Internet & Target Income ETF in the third quarter valued at $56,000. Osaic Holdings Inc. raised its holdings in shares of FT Vest Dow Jones Internet & Target Income ETF by 12.4% in the fourth quarter. Osaic Holdings Inc. now owns 45,074 shares of the company’s stock valued at $1,015,000 after buying an additional 4,967 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of FT Vest Dow Jones Internet & Target Income ETF by 169.4% during the first quarter. Jane Street Group LLC now owns 27,440 shares of the company’s stock worth $552,000 after buying an additional 17,253 shares during the period. Finally, Independent Financial Group LLC acquired a new stake in shares of FT Vest Dow Jones Internet & Target Income ETF during the first quarter worth about $383,000.

FT Vest Dow Jones Internet & Target Income ETF Stock Performance

FDND stock opened at $22.87 on Monday. The company has a market capitalization of $6.86 million, a P/E ratio of 33.97 and a beta of 1.44. FT Vest Dow Jones Internet & Target Income ETF has a twelve month low of $18.76 and a twelve month high of $24.79. The business has a 50 day simple moving average of $21.49 and a 200-day simple moving average of $21.04.

FT Vest Dow Jones Internet & Target Income ETF Company Profile

The FT Vest Dow Jones Internet & Target Income ETF (FDND) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that seeks a target level of current income and capital appreciation by holding a portfolio of US internet stocks, while utilizing a naked call writing strategy on the Nasdaq-100 Index or related ETF. FDND was launched on Mar 20, 2024 and is issued by First Trust.