FT Vest U.S. Equity Moderate Buffer ETF – November (BATS:GNOV) Sees Large Increase in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – November (BATS:GNOV) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 10,834 shares, an increase of 76.9% from the May 31st total of 6,124 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 5,491 shares, the days-to-cover ratio is presently 2.0 days.

FT Vest U.S. Equity Moderate Buffer ETF – November Trading Down 0.1%

BATS GNOV opened at $41.75 on Thursday. The company’s fifty day simple moving average is $41.39 and its 200-day simple moving average is $40.30. The stock has a market cap of $313.12 million, a P/E ratio of 24.84 and a beta of 0.34. FT Vest U.S. Equity Moderate Buffer ETF – November has a 52 week low of $36.39 and a 52 week high of $41.90.

Institutional Trading of FT Vest U.S. Equity Moderate Buffer ETF – November

A number of hedge funds and other institutional investors have recently modified their holdings of GNOV. Goldman Sachs Group Inc. purchased a new position in FT Vest U.S. Equity Moderate Buffer ETF – November in the first 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 in the 2nd quarter valued at approximately $208,000. Geneos Wealth Management Inc. boosted its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – November by 32.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 4,113 shares of the company’s stock valued at $150,000 after buying an additional 1,000 shares during the last quarter. Citadel Advisors LLC purchased a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – November during the 3rd quarter valued at approximately $214,000. Finally, NorthCrest Asset Manangement LLC grew its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – November by 70.2% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 22,465 shares of the company’s stock worth $893,000 after buying an additional 9,264 shares in the last quarter.

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.