Short Interest in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (BATS:XNOV) Declines By 54.8%

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (BATS:XNOV) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 1,945 shares, a decline of 54.8% from the April 30th total of 4,299 shares. Based on an average trading volume of 225 shares, the short-interest ratio is currently 8.6 days. Approximately 0.3% of the shares of the stock are short sold.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November Stock Performance

Shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November stock opened at $39.47 on Monday. The firm’s 50-day simple moving average is $38.52 and its 200-day simple moving average is $38.06. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November has a twelve month low of $34.66 and a twelve month high of $39.47. The firm has a market cap of $29.60 million, a P/E ratio of 24.94 and a beta of 0.24.

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

An institutional investor recently raised its position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November stock. Kestra Advisory Services LLC increased its holdings in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (BATS:XNOV) by 2.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 62,419 shares of the company’s stock after acquiring an additional 1,206 shares during the period. Kestra Advisory Services LLC owned about 8.32% of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November worth $2,334,000 at the end of the most recent reporting period.

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

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (XNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a one-year period. The actively managed fund holds options and collateral. XNOV was launched on Nov 17, 2023 and is issued by First Trust.