FT Vest U.S. Equity Moderate Buffer ETF – August (BATS:GAUG) Short Interest Up 328.0% in May

FT Vest U.S. Equity Moderate Buffer ETF – August (BATS:GAUG) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 22,418 shares, a growth of 328.0% from the April 30th total of 5,238 shares. Based on an average daily trading volume, of 18,530 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Fifth Third Bancorp bought a new position in FT Vest U.S. Equity Moderate Buffer ETF – August in the 1st quarter worth $54,000. Farther Finance Advisors LLC boosted its position in FT Vest U.S. Equity Moderate Buffer ETF – August by 320.6% during the 4th quarter. Farther Finance Advisors LLC now owns 3,600 shares of the company’s stock valued at $141,000 after acquiring an additional 2,744 shares in the last quarter. Triumph Capital Management bought a new stake in FT Vest U.S. Equity Moderate Buffer ETF – August during the 3rd quarter valued at approximately $142,000. Archer Investment Corp lifted its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – August by 156.2% in the 3rd quarter. Archer Investment Corp now owns 8,074 shares of the company’s stock valued at $312,000 after purchasing an additional 4,922 shares during the period. Finally, CoreCap Advisors LLC lifted its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – August by 4.3% in the 4th quarter. CoreCap Advisors LLC now owns 9,199 shares of the company’s stock valued at $361,000 after purchasing an additional 381 shares during the period.

FT Vest U.S. Equity Moderate Buffer ETF – August Trading Up 0.1%

Shares of BATS GAUG opened at $41.26 on Friday. FT Vest U.S. Equity Moderate Buffer ETF – August has a 12 month low of $35.67 and a 12 month high of $41.29. The firm has a market capitalization of $274.38 million, a PE ratio of 24.96 and a beta of 0.50. The firm has a fifty day simple moving average of $40.06 and a two-hundred day simple moving average of $39.53.

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.