FT Vest Laddered Buffer ETF (BATS:BUFR) Sees Large Increase in Short Interest

FT Vest Laddered Buffer ETF (BATS:BUFR) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 686,312 shares, an increase of 199.7% from the May 31st total of 229,008 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 1,498,398 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. GoalVest Advisory LLC bought a new stake in shares of FT Vest Laddered Buffer ETF in the 4th quarter valued at about $57,000. Parallel Advisors LLC bought a new stake in FT Vest Laddered Buffer ETF during the 4th quarter valued at $89,000. Gradient Capital Advisors LLC bought a new stake in FT Vest Laddered Buffer ETF during the 4th quarter valued at $219,000. Sunbelt Securities Inc. bought a new stake in FT Vest Laddered Buffer ETF during the 3rd quarter valued at $227,000. Finally, MTM Investment Management LLC increased its holdings in shares of FT Vest Laddered Buffer ETF by 138.3% in the 1st quarter. MTM Investment Management LLC now owns 7,150 shares of the company’s stock valued at $241,000 after acquiring an additional 4,150 shares during the period.

FT Vest Laddered Buffer ETF Price Performance

BUFR stock opened at $36.14 on Friday. The business has a 50-day moving average price of $36.07 and a 200 day moving average price of $34.94. The company has a market capitalization of $7.81 billion, a P/E ratio of 24.43 and a beta of 0.61. FT Vest Laddered Buffer ETF has a 1-year low of $31.58 and a 1-year high of $37.26.

FT Vest Laddered Buffer ETF Company Profile

The First Trust Cboe Vest Fund of Buffer ETFs (BUFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds which holds a laddered portfolio of FT Cboe Vest U.S. Equity Buffer ETFs. BUFR was launched on Aug 10, 2020 and is managed by First Trust.