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

FT Vest U.S. Equity Deep Buffer ETF – April (BATS:DAPR) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 21,093 shares, a growth of 49.9% from the July 15th total of 14,074 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 7,545 shares, the short-interest ratio is currently 2.8 days.

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

Shares of FT Vest U.S. Equity Deep Buffer ETF – April stock opened at $41.54 on Wednesday. The stock has a market cap of $277.49 million, a price-to-earnings ratio of 23.58 and a beta of 0.41. The stock has a 50 day moving average price of $41.02 and a 200-day moving average price of $40.35. FT Vest U.S. Equity Deep Buffer ETF – April has a one year low of $38.10 and a one year high of $41.72.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. First Heartland Consultants Inc. raised its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – April by 18.8% in the second quarter. First Heartland Consultants Inc. now owns 6,081 shares of the company’s stock valued at $249,000 after acquiring an additional 963 shares during the period. Quad Cities Investment Group LLC purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – April during the 2nd quarter worth about $206,000. Foguth Wealth Management LLC. bought a new position in FT Vest U.S. Equity Deep Buffer ETF – April during the 1st quarter valued at about $256,000. Commonwealth Financial Services LLC grew its holdings in FT Vest U.S. Equity Deep Buffer ETF – April by 6.7% during the 1st quarter. Commonwealth Financial Services LLC now owns 56,386 shares of the company’s stock valued at $2,242,000 after purchasing an additional 3,527 shares during the last quarter. Finally, Spartan Wealth Advisory Services LLC purchased a new stake in FT Vest U.S. Equity Deep Buffer ETF – April in the 1st quarter worth about $6,329,000.

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.