FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Short Interest Up 186.1% in June

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 51,687 shares, an increase of 186.1% from the May 31st total of 18,064 shares. Based on an average trading volume of 15,137 shares, the days-to-cover ratio is presently 3.4 days. Currently, 0.3% of the company’s stock are short sold.

FT Vest U.S. Equity Buffer ETF – October Stock Performance

FOCT stock opened at $51.66 on Friday. The business has a 50-day simple moving average of $51.57 and a two-hundred day simple moving average of $49.85. The company has a market capitalization of $988.26 million, a P/E ratio of 24.45 and a beta of 0.62. FT Vest U.S. Equity Buffer ETF – October has a 52-week low of $44.31 and a 52-week high of $52.43.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of FOCT. O Shaughnessy Asset Management LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – October during the fourth quarter worth $56,000. JPMorgan Chase & Co. bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – October in the 3rd quarter worth $98,000. Fifth Third Bancorp bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – October in the 4th quarter worth $116,000. Sunbelt Securities Inc. raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 20.0% in the third quarter. Sunbelt Securities Inc. now owns 2,997 shares of the company’s stock valued at $142,000 after purchasing an additional 500 shares during the last quarter. Finally, Sound Income Strategies LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – October in the fourth quarter valued at about $195,000.

FT Vest U.S. Equity Buffer ETF – October Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – October (FOCT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FOCT was launched on Oct 16, 2020 and is managed by First Trust.