FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Stock Short Interest Climbs 105.1%

FT Vest Laddered Deep Buffer ETF (BATS:BUFD) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 167,641 shares, a growth of 105.1% from the August 31st total of 81,719 shares. Based on an average daily volume of 240,666 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the shares of the company are sold short.

FT Vest Laddered Deep Buffer ETF Stock Performance

Shares of BUFD stock traded down $0.03 during trading on Tuesday, hitting $30.39. The company had a trading volume of 26,032 shares, compared to its average volume of 286,761. The firm has a market capitalization of $1.52 billion, a P/E ratio of 24.83 and a beta of 0.41. The stock’s 50-day moving average price is $30.20 and its 200 day moving average price is $29.51. FT Vest Laddered Deep Buffer ETF has a one year low of $27.38 and a one year high of $30.64.

Hedge Funds Weigh In On FT Vest Laddered Deep Buffer ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Arkadios Wealth Advisors grew its holdings in shares of FT Vest Laddered Deep Buffer ETF by 13.8% during the 1st quarter. Arkadios Wealth Advisors now owns 57,321 shares of the company’s stock worth $1,605,000 after purchasing an additional 6,945 shares in the last quarter. Twin Peaks Wealth Advisors LLC raised its stake in FT Vest Laddered Deep Buffer ETF by 123.9% in the fourth quarter. Twin Peaks Wealth Advisors LLC now owns 30,568 shares of the company’s stock valued at $872,000 after purchasing an additional 16,915 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in FT Vest Laddered Deep Buffer ETF by 10.4% in the first quarter. Janney Montgomery Scott LLC now owns 28,549 shares of the company’s stock valued at $799,000 after purchasing an additional 2,680 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in FT Vest Laddered Deep Buffer ETF in the second quarter valued at about $463,000. Finally, CoreCap Advisors LLC lifted its position in FT Vest Laddered Deep Buffer ETF by 41.2% during the second quarter. CoreCap Advisors LLC now owns 13,230 shares of the company’s stock worth $393,000 after purchasing an additional 3,860 shares during the period.

FT Vest Laddered Deep Buffer ETF Company Profile

The FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest U.S. Equity Deep Buffer ETFs. BUFD was launched on Jan 20, 2021 and is managed by First Trust.