FT Vest U.S. Equity Enhance & Moderate Buffer ETF – August (BATS:XAUG) Sees Large Drop in Short Interest

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – August (BATS:XAUG) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 7,393 shares, a decline of 50.1% from the July 30th total of 14,806 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average trading volume of 1,115 shares, the days-to-cover ratio is currently 6.6 days.

Institutional Investors Weigh In On FT Vest U.S. Equity Enhance & Moderate Buffer ETF – August

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC purchased a new position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – August during the fourth quarter worth about $94,000. Patriot Financial Group Insurance Agency LLC purchased a new stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – August during the 1st quarter valued at approximately $358,000. Silver Oak Securities Incorporated raised its stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – August by 21.2% during the 1st quarter. Silver Oak Securities Incorporated now owns 12,090 shares of the company’s stock valued at $449,000 after acquiring an additional 2,115 shares during the last quarter. Signal Advisors Wealth LLC acquired a new stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – August during the 1st quarter worth approximately $666,000. Finally, Cetera Investment Advisers lifted its position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – August by 160.0% during the 1st quarter. Cetera Investment Advisers now owns 133,863 shares of the company’s stock worth $4,969,000 after acquiring an additional 82,376 shares during the period.

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

XAUG stock opened at $39.57 on Monday. The company has a fifty day moving average price of $39.28 and a 200 day moving average price of $38.50. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – August has a 12 month low of $36.06 and a 12 month high of $39.67.

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

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF – August (XAUG) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a one-year period. The actively managed fund holds options and collateral. XAUG was launched on Aug 18, 2023 and is issued by First Trust.