FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (BATS:XNOV) Stock Short Interest Declines 93.6%

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November (BATS:XNOV) was the recipient of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 201 shares, a decrease of 93.6% from the October 15th total of 3,137 shares. Based on an average trading volume of 1,181 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC increased its stake in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November by 2.0% in the 1st quarter. Kestra Advisory Services LLC now owns 62,419 shares of the company’s stock worth $2,334,000 after acquiring an additional 1,206 shares in the last quarter. Signal Advisors Wealth LLC lifted its position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November by 11.8% during the 3rd quarter. Signal Advisors Wealth LLC now owns 26,315 shares of the company’s stock valued at $1,066,000 after acquiring an additional 2,787 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November during the second quarter worth about $256,000. Harbour Investments Inc. bought a new stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November during the third quarter worth about $338,000. Finally, Commonwealth Equity Services LLC purchased a new stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November in the third quarter worth about $798,000.

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

Shares of XNOV traded up $0.02 on Tuesday, reaching $40.78. The stock had a trading volume of 769 shares, compared to its average volume of 9,031. The firm has a market capitalization of $25.49 million, a price-to-earnings ratio of 24.94 and a beta of 0.32. The company has a 50-day simple moving average of $40.51 and a 200-day simple moving average of $39.31. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November has a 12-month low of $36.87 and a 12-month high of $40.78.

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

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.