FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) Short Interest Down 41.8% in June

FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 21,274 shares, a decline of 41.8% from the May 31st total of 36,584 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 16,970 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Investors Weigh In On FT Vest Buffered Allocation Defensive ETF

A hedge fund recently bought a new position in FT Vest Buffered Allocation Defensive ETF stock. Janney Montgomery Scott LLC bought a new position in shares of FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 8,291 shares of the company’s stock, valued at approximately $204,000. Janney Montgomery Scott LLC owned about 0.17% of FT Vest Buffered Allocation Defensive ETF at the end of the most recent quarter.

FT Vest Buffered Allocation Defensive ETF Stock Performance

BUFT opened at $25.89 on Thursday. The business’s 50-day simple moving average is $25.79 and its 200 day simple moving average is $25.13. FT Vest Buffered Allocation Defensive ETF has a 52-week low of $23.53 and a 52-week high of $26.09. The firm has a market capitalization of $129.45 million, a PE ratio of 24.87 and a beta of 0.35.

FT Vest Buffered Allocation Defensive ETF Company Profile

The FT Cboe Vest Buffered Allocation Defensive ETF (BUFT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund is an actively-managed fund-of-funds that allocates exposure to defined outcome buffer ETFs referencing the SPY. BUFT was launched on Oct 26, 2021 and is managed by First Trust.