FT Vest Technology Dividend Target Income ETF (BATS:TDVI) Stock Short Interest Rises 147.4%

FT Vest Technology Dividend Target Income ETF (BATS:TDVI) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 102,346 shares, an increase of 147.4% from the August 31st total of 41,372 shares. Approximately 2.7% of the company’s stock are sold short. Based on an average daily trading volume, of 216,830 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On FT Vest Technology Dividend Target Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Bullseye Investment Management LLC purchased a new position in FT Vest Technology Dividend Target Income ETF during the 2nd quarter valued at about $8,407,000. Integrated Wealth Concepts LLC lifted its position in shares of FT Vest Technology Dividend Target Income ETF by 25.9% in the second quarter. Integrated Wealth Concepts LLC now owns 45,269 shares of the company’s stock worth $1,438,000 after purchasing an additional 9,306 shares in the last quarter. RFG Advisory LLC boosted its holdings in shares of FT Vest Technology Dividend Target Income ETF by 159.2% during the second quarter. RFG Advisory LLC now owns 28,880 shares of the company’s stock worth $917,000 after purchasing an additional 17,737 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of FT Vest Technology Dividend Target Income ETF by 106.5% during the second quarter. NewEdge Advisors LLC now owns 19,108 shares of the company’s stock worth $607,000 after purchasing an additional 9,855 shares during the period. Finally, Endeavor Private Wealth Inc. grew its position in FT Vest Technology Dividend Target Income ETF by 33.3% during the second quarter. Endeavor Private Wealth Inc. now owns 16,210 shares of the company’s stock valued at $515,000 after purchasing an additional 4,052 shares in the last quarter.

FT Vest Technology Dividend Target Income ETF Stock Performance

Shares of TDVI stock opened at $31.00 on Monday. FT Vest Technology Dividend Target Income ETF has a 1-year low of $25.63 and a 1-year high of $35.57. The company has a market capitalization of $117.80 million, a price-to-earnings ratio of 25.63 and a beta of 1.18. The stock’s fifty day simple moving average is $31.14 and its 200-day simple moving average is $30.55.

About FT Vest Technology Dividend Target Income ETF

The FT Vest Technology Dividend Target Income ETF (TDVI) is an exchange-traded fund that mostly invests in information technology equity. TVDI is an actively managed fund that seeks to provide a target level of current income and capital appreciation by holding a portfolio of dividend-paying US technology companies. The fund also utilizes a naked call writing option strategy on the Nasdaq 100 Index (NDX) and/or the S&P 500 Index (SPX) or related ETFs. TDVI was launched on Aug 9, 2023 and is issued by First Trust.