FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October (BATS:XOCT) Sees Large Growth in Short Interest

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October (BATS:XOCT) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 23,461 shares, a growth of 779.7% from the June 15th total of 2,667 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average trading volume of 182,948 shares, the short-interest ratio is currently 0.1 days.

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

A hedge fund recently raised its stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October stock. Arlington Capital Management Inc. increased its holdings in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October (BATS:XOCT) by 6.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,956 shares of the company’s stock after buying an additional 435 shares during the quarter. Arlington Capital Management Inc. owned 0.22% of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October worth $259,000 as of its most recent SEC filing.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October Price Performance

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October stock opened at $39.69 on Monday. The firm has a market capitalization of $127.01 million, a price-to-earnings ratio of 24.42 and a beta of 0.26. The company’s 50 day simple moving average is $39.30 and its 200 day simple moving average is $38.37. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October has a fifty-two week low of $35.82 and a fifty-two week high of $39.79.

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

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October (XOCT) 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 specific holdings period. The actively managed fund holds options and collateral. XOCT was launched on Oct 20, 2023 and is issued by First Trust.