FT Vest U.S. Equity Moderate Buffer ETF – August (BATS:GAUG) Sees Significant Drop in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – August (BATS:GAUG) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 67,500 shares, a decrease of 96.9% from the August 31st total of 2,205,581 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average daily volume of 95,898 shares, the short-interest ratio is currently 0.7 days.

FT Vest U.S. Equity Moderate Buffer ETF – August Stock Performance

GAUG traded down $0.03 during trading on Thursday, reaching $42.16. The company’s stock had a trading volume of 24,520 shares, compared to its average volume of 33,788. The company’s fifty day moving average price is $41.93 and its 200-day moving average price is $40.95. FT Vest U.S. Equity Moderate Buffer ETF – August has a 52-week low of $37.99 and a 52-week high of $42.39. The company has a market capitalization of $280.36 million, a price-to-earnings ratio of 24.96 and a beta of 0.50.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Fifth Third Bancorp purchased a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – August during the 1st quarter worth $54,000. Integrated Wealth Concepts LLC acquired a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – August during the 2nd quarter worth $62,000. Ameritas Advisory Services LLC boosted its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – August by 35.5% in the 2nd quarter. Ameritas Advisory Services LLC now owns 11,689 shares of the company’s stock worth $484,000 after buying an additional 3,060 shares in the last quarter. Citadel Advisors LLC acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – August in the 2nd quarter valued at about $883,000. Finally, Brookstone Capital Management grew its stake in FT Vest U.S. Equity Moderate Buffer ETF – August by 0.8% in the 1st quarter. Brookstone Capital Management now owns 43,869 shares of the company’s stock valued at $1,698,000 after acquiring an additional 339 shares during the last quarter.

About FT Vest U.S. Equity Moderate Buffer ETF – August

The FT Vest U.S. Equity Moderate Buffer ETF – August (GAUG) is an exchange-traded fund that is based on the S&P 500 index. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a one-year period. The actively managed fund holds options and collateral. GAUG was launched on Aug 18, 2023 and is issued by First Trust.