FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Sees Significant Drop in Short Interest

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,517 shares, a drop of 97.1% from the June 15th total of 51,687 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 156,060 shares, the short-interest ratio is currently 0.0 days.

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

FT Vest U.S. Equity Buffer ETF – October stock traded up $0.12 during mid-day trading on Friday, reaching $52.68. The company’s stock had a trading volume of 9,337 shares, compared to its average volume of 34,985. FT Vest U.S. Equity Buffer ETF – October has a 12-month low of $44.82 and a 12-month high of $52.72. The company has a market capitalization of $1.01 billion, a P/E ratio of 24.45 and a beta of 0.62. The firm’s fifty day moving average price is $51.90 and its two-hundred day moving average price is $50.09.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – October

Several hedge funds have recently made changes to their positions in the stock. CoreCap Advisors LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 1.7% during the 2nd quarter. CoreCap Advisors LLC now owns 15,915 shares of the company’s stock valued at $832,000 after purchasing an additional 270 shares during the period. Gateway Wealth Partners LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – October during the 1st quarter worth about $345,000. WealthTrust Asset Management LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – October by 50.2% in the 1st quarter. WealthTrust Asset Management LLC now owns 6,837 shares of the company’s stock worth $326,000 after purchasing an additional 2,286 shares during the period. Assetmark Inc. boosted its stake in FT Vest U.S. Equity Buffer ETF – October by 11.6% in the 1st quarter. Assetmark Inc. now owns 295,232 shares of the company’s stock worth $14,077,000 after purchasing an additional 30,594 shares during the period. Finally, Kestra Advisory Services LLC grew its holdings in FT Vest U.S. Equity Buffer ETF – October by 16.0% during the 1st quarter. Kestra Advisory Services LLC now owns 107,151 shares of the company’s stock valued at $5,109,000 after buying an additional 14,767 shares in the last quarter.

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

The FT Cboe Vest U.S. Equity Buffer ETF – October (FOCT) 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. FOCT was launched on Oct 16, 2020 and is managed by First Trust.