Short Interest in FT Vest U.S. Equity Moderate Buffer ETF – November (BATS:GNOV) Drops By 93.2%

FT Vest U.S. Equity Moderate Buffer ETF – November (BATS:GNOV) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 23,310 shares, a decrease of 93.2% from the April 30th total of 343,034 shares. Based on an average daily volume of 8,272 shares, the days-to-cover ratio is presently 2.8 days. Approximately 0.3% of the shares of the stock are short sold.

Hedge Funds Weigh In On FT Vest U.S. Equity Moderate Buffer ETF – November

Institutional investors and hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. purchased a new stake in FT Vest U.S. Equity Moderate Buffer ETF – November during the 1st quarter valued at about $857,000. Gallagher Fiduciary Advisors LLC acquired a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – November during the 2nd quarter worth approximately $208,000. Geneos Wealth Management Inc. grew its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – November by 32.1% in the second quarter. Geneos Wealth Management Inc. now owns 4,113 shares of the company’s stock valued at $150,000 after purchasing an additional 1,000 shares in the last quarter. IMC Chicago LLC purchased a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – November in the third quarter valued at approximately $695,000. Finally, Envestnet Asset Management Inc. increased its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – November by 2.9% in the third quarter. Envestnet Asset Management Inc. now owns 60,527 shares of the company’s stock valued at $2,303,000 after purchasing an additional 1,693 shares during the last quarter.

FT Vest U.S. Equity Moderate Buffer ETF – November Trading Up 0.0%

GNOV traded up $0.01 on Wednesday, hitting $41.59. 4,296 shares of the company’s stock were exchanged, compared to its average volume of 14,393. FT Vest U.S. Equity Moderate Buffer ETF – November has a fifty-two week low of $35.18 and a fifty-two week high of $41.67. The firm has a 50-day moving average price of $40.29 and a 200-day moving average price of $39.82. The stock has a market cap of $311.93 million, a price-to-earnings ratio of 24.84 and a beta of 0.34.

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

The FT Vest U.S. Equity Moderate Buffer ETF -November (GNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GNOV was launched on Nov 17, 2023 and is issued by First Trust.