FT Vest Dow Jones Internet & Target Income ETF (BATS:FDND) Short Interest Down 96.2% in June

FT Vest Dow Jones Internet & Target Income ETF (BATS:FDND) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 141 shares, a decline of 96.2% from the June 15th total of 3,752 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 3,431 shares, the short-interest ratio is currently 0.0 days.

FT Vest Dow Jones Internet & Target Income ETF Price Performance

Shares of BATS FDND traded up $0.06 during trading hours on Friday, reaching $21.88. The stock had a trading volume of 1,920 shares, compared to its average volume of 3,722. The company has a market cap of $6.56 million, a price-to-earnings ratio of 33.97 and a beta of 1.44. FT Vest Dow Jones Internet & Target Income ETF has a twelve month low of $18.76 and a twelve month high of $24.79. The business’s fifty day moving average is $21.47 and its two-hundred day moving average is $21.13.

Hedge Funds Weigh In On FT Vest Dow Jones Internet & Target Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Triumph Capital Management acquired a new stake in shares of FT Vest Dow Jones Internet & Target Income ETF during the 3rd quarter valued at about $56,000. Independent Financial Group LLC acquired a new position in FT Vest Dow Jones Internet & Target Income ETF in the first quarter worth about $383,000. Jane Street Group LLC acquired a new position in FT Vest Dow Jones Internet & Target Income ETF in the fourth quarter worth about $515,000. Finally, Osaic Holdings Inc. lifted its stake in FT Vest Dow Jones Internet & Target Income ETF by 12.4% during the fourth quarter. Osaic Holdings Inc. now owns 45,074 shares of the company’s stock worth $1,015,000 after purchasing an additional 4,967 shares during the period.

About FT Vest Dow Jones Internet & Target Income ETF

The FT Vest Dow Jones Internet & Target Income ETF (FDND) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that seeks a target level of current income and capital appreciation by holding a portfolio of US internet stocks, while utilizing a naked call writing strategy on the Nasdaq-100 Index or related ETF. FDND was launched on Mar 20, 2024 and is issued by First Trust.