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) saw 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. Based on an average daily trading volume, of 51,237 shares, the short-interest ratio is currently 0.7 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. 1ST Source Bank bought a new position in FT Vest U.S. Equity Buffer ETF – August in the third quarter worth $1,635,000. MBL Wealth LLC boosted its holdings 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 valued at $8,606,000 after buying an additional 32,455 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 15.2% during 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 in the last quarter. CreativeOne Wealth LLC boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 20.6% during 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. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the 4th quarter worth about $1,023,000.

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

Shares of FAUG opened at $56.04 on Monday. The company has a 50-day simple moving average of $55.64 and a two-hundred day simple moving average of $53.90. The firm has a market capitalization 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 one year low of $48.66 and a one year high of $56.45.

About FT Vest U.S. Equity Buffer ETF – August

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.