FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV) Stock Short Interest Declines 93.9%

FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV) was the recipient of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 4,845 shares, a decrease of 93.9% from the October 15th total of 79,624 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 5,796 shares, the days-to-cover ratio is presently 0.8 days.

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

BATS:DNOV traded up $0.03 during trading hours on Tuesday, hitting $53.10. The stock had a trading volume of 3,576 shares, compared to its average volume of 11,087. FT Vest U.S. Equity Deep Buffer ETF – November has a 1-year low of $47.10 and a 1-year high of $53.27. The business has a 50 day simple moving average of $52.75 and a two-hundred day simple moving average of $50.90. The company has a market cap of $411.52 million, a PE ratio of 25.02 and a beta of 0.43.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in DNOV. Envestnet Asset Management Inc. grew its holdings in FT Vest U.S. Equity Deep Buffer ETF – November by 45.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 190,735 shares of the company’s stock valued at $9,794,000 after purchasing an additional 59,644 shares in the last quarter. Commonwealth Equity Services LLC acquired a new position in FT Vest U.S. Equity Deep Buffer ETF – November in the 3rd quarter worth $8,822,000. Harbour Investments Inc. acquired a new position in FT Vest U.S. Equity Deep Buffer ETF – November in the 3rd quarter worth $6,212,000. Cetera Investment Advisers lifted its holdings in FT Vest U.S. Equity Deep Buffer ETF – November by 8.2% in the 1st quarter. Cetera Investment Advisers now owns 111,285 shares of the company’s stock worth $5,331,000 after buying an additional 8,394 shares in the last quarter. Finally, 1ST Source Bank boosted its position in FT Vest U.S. Equity Deep Buffer ETF – November by 25.0% in the 1st quarter. 1ST Source Bank now owns 86,361 shares of the company’s stock valued at $4,137,000 after buying an additional 17,250 shares during the last quarter.

About FT Vest U.S. Equity Deep Buffer ETF – November

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.