FT Vest U.S. Equity Deep Buffer ETF – April (BATS:DAPR) Sees Significant Decrease in Short Interest

FT Vest U.S. Equity Deep Buffer ETF – April (BATS:DAPR) was the target of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 2,847 shares, a drop of 93.6% from the October 15th total of 44,723 shares. Based on an average daily volume of 7,584 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

FT Vest U.S. Equity Deep Buffer ETF – April Price Performance

Shares of DAPR stock traded down $0.08 during trading on Tuesday, reaching $41.56. The company’s stock had a trading volume of 7,833 shares, compared to its average volume of 20,702. FT Vest U.S. Equity Deep Buffer ETF – April has a 1-year low of $38.59 and a 1-year high of $42.17. The stock’s 50-day moving average price is $41.77 and its 200 day moving average price is $40.73. The company has a market capitalization of $333.73 million, a price-to-earnings ratio of 23.58 and a beta of 0.37.

Hedge Funds Weigh In On FT Vest U.S. Equity Deep Buffer ETF – April

Several institutional investors have recently modified their holdings of the business. Envestnet Asset Management Inc. raised its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – April by 75.9% in the second quarter. Envestnet Asset Management Inc. now owns 223,138 shares of the company’s stock valued at $9,122,000 after acquiring an additional 96,302 shares in the last quarter. Commonwealth Financial Services LLC acquired a new position in FT Vest U.S. Equity Deep Buffer ETF – April during the 3rd quarter worth $2,204,000. Spartan Wealth Advisory Services LLC purchased a new stake in FT Vest U.S. Equity Deep Buffer ETF – April during the 1st quarter worth about $6,329,000. Sowell Financial Services LLC purchased a new stake in FT Vest U.S. Equity Deep Buffer ETF – April during the 3rd quarter worth about $592,000. Finally, Founders Financial Securities LLC acquired a new stake in FT Vest U.S. Equity Deep Buffer ETF – April in the 3rd quarter valued at about $4,316,000.

About FT Vest U.S. Equity Deep Buffer ETF – April

The FT Cboe Vest U.S. Equity Deep Buffer ETF – April (DAPR) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPY shares over a specific holding period. The actively-managed fund holds options and collateral. DAPR was launched on Apr 16, 2021 and is managed by First Trust.