FT Vest U.S. Equity Max Buffer ETF – November (BATS:NOVM) Sees Significant Increase in Short Interest

FT Vest U.S. Equity Max Buffer ETF – November (BATS:NOVM) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 3,205 shares, an increase of 422.0% from the August 15th total of 614 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 917 shares, the days-to-cover ratio is presently 3.5 days.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Susquehanna International Group LLP bought a new stake in FT Vest U.S. Equity Max Buffer ETF – November during the 3rd quarter worth approximately $1,037,000. Commonwealth Equity Services LLC bought a new position in shares of FT Vest U.S. Equity Max Buffer ETF – November in the fourth quarter worth approximately $952,000. Truist Financial Corp purchased a new stake in shares of FT Vest U.S. Equity Max Buffer ETF – November in the fourth quarter worth $385,000. Citadel Advisors LLC increased its stake in shares of FT Vest U.S. Equity Max Buffer ETF – November by 125.5% in the third quarter. Citadel Advisors LLC now owns 19,020 shares of the company’s stock worth $612,000 after purchasing an additional 10,587 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new stake in shares of FT Vest U.S. Equity Max Buffer ETF – November during the 4th quarter valued at $347,000.

FT Vest U.S. Equity Max Buffer ETF – November Price Performance

Shares of BATS:NOVM opened at $34.14 on Friday. The stock’s 50-day simple moving average is $33.98 and its two-hundred day simple moving average is $33.54. FT Vest U.S. Equity Max Buffer ETF – November has a 52-week low of $32.06 and a 52-week high of $34.22.

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

The FT Vest U.S. Equity Max Buffer ETF – November (NOVM) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a pre-determined investment outcome over a one-year period. The exposure is reset annually in November NOVM was launched on Nov 15, 2024 and is issued by First Trust.