Short Interest in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Increases By 362.2%

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 33,381 shares, an increase of 362.2% from the May 31st total of 7,222 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 51,237 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. 1ST Source Bank bought a new stake in FT Vest U.S. Equity Buffer ETF – August in the third quarter valued at $1,635,000. MBL Wealth LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 25.0% during the 4th quarter. MBL Wealth LLC now owns 162,525 shares of the company’s stock worth $8,606,000 after purchasing an additional 32,455 shares in the last quarter. Assetmark Inc. grew its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 15.2% in the 4th quarter. Assetmark Inc. now owns 243,858 shares of the company’s stock valued at $12,912,000 after buying an additional 32,225 shares during the period. CreativeOne Wealth LLC increased its position in FT Vest U.S. Equity Buffer ETF – August by 20.6% in the 3rd quarter. CreativeOne Wealth LLC now owns 59,091 shares of the company’s stock valued at $3,067,000 after buying an additional 10,105 shares in the last quarter. Finally, Integrity Alliance LLC. bought a new stake in FT Vest U.S. Equity Buffer ETF – August in the 4th quarter valued at about $1,023,000.

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

Shares of FAUG opened at $56.04 on Friday. The firm has a market cap of $1.07 billion, a PE ratio of 24.22 and a beta of 0.63. FT Vest U.S. Equity Buffer ETF – August has a 52-week low of $48.66 and a 52-week high of $56.45. The business’s 50 day moving average price is $55.64 and its two-hundred day moving average price is $53.90.

FT Vest U.S. Equity Buffer ETF – August Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – August (FAUG) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FAUG was launched on Nov 6, 2019 and is managed by First Trust.