FT Vest Technology Dividend Target Income ETF (BATS:TDVI) Short Interest Update

FT Vest Technology Dividend Target Income ETF (BATS:TDVI) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 56,737 shares, a decrease of 45.4% from the June 30th total of 103,843 shares. Based on an average daily trading volume, of 118,833 shares, the short-interest ratio is presently 0.5 days. Currently, 1.5% of the company’s stock are sold short.

FT Vest Technology Dividend Target Income ETF Stock Performance

Shares of BATS TDVI opened at $29.85 on Wednesday. The company has a market cap of $113.43 million, a PE ratio of 25.63 and a beta of 1.18. The business has a 50-day simple moving average of $31.78 and a two-hundred day simple moving average of $29.59. FT Vest Technology Dividend Target Income ETF has a fifty-two week low of $25.63 and a fifty-two week high of $35.57.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Advisory Services Network LLC acquired a new stake in FT Vest Technology Dividend Target Income ETF in the 3rd quarter worth approximately $51,000. Triumph Capital Management increased its stake in FT Vest Technology Dividend Target Income ETF by 442.7% during the 4th quarter. Triumph Capital Management now owns 3,343 shares of the company’s stock valued at $93,000 after purchasing an additional 2,727 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in shares of FT Vest Technology Dividend Target Income ETF in the fourth quarter worth $96,000. Larson Financial Group LLC purchased a new position in shares of FT Vest Technology Dividend Target Income ETF in the fourth quarter worth $127,000. Finally, Greenberg Financial Group acquired a new stake in shares of FT Vest Technology Dividend Target Income ETF during the fourth quarter worth $201,000.

FT Vest Technology Dividend Target Income ETF Company Profile

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.