FT Vest U.S. Equity Moderate Buffer ETF – January (BATS:GJAN) Sees Significant Decline in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – January (BATS:GJAN) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 5,806 shares, a drop of 71.5% from the April 30th total of 20,348 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 25,379 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On FT Vest U.S. Equity Moderate Buffer ETF – January

A number of large investors have recently bought and sold shares of the stock. Summit Financial Wealth Advisors LLC acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – January in the first quarter worth $293,000. Cornerstone Wealth LLC TN acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – January in the first quarter worth $406,000. Centaurus Financial Inc. grew its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – January by 11.7% during the first quarter. Centaurus Financial Inc. now owns 4,904 shares of the company’s stock valued at $206,000 after buying an additional 512 shares during the last quarter. Arkadios Wealth Advisors grew its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – January by 9.9% during the first quarter. Arkadios Wealth Advisors now owns 5,948 shares of the company’s stock valued at $249,000 after buying an additional 535 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – January by 258.0% during the first quarter. Royal Bank of Canada now owns 11,067 shares of the company’s stock valued at $464,000 after buying an additional 7,976 shares during the last quarter.

FT Vest U.S. Equity Moderate Buffer ETF – January Trading Up 0.2%

BATS:GJAN opened at $44.92 on Friday. The stock has a market capitalization of $432.58 million, a price-to-earnings ratio of 24.20 and a beta of 0.48. The firm has a fifty day simple moving average of $43.46 and a two-hundred day simple moving average of $42.95. FT Vest U.S. Equity Moderate Buffer ETF – January has a 12 month low of $38.68 and a 12 month high of $45.72.

FT Vest U.S. Equity Moderate Buffer ETF – January Company Profile

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – January (GJAN) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively managed fund holds options and collateral. GJAN was launched on Jan 20, 2023 and is managed by First Trust.