Short Interest in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Rises By 686.9%

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 71,857 shares, a growth of 686.9% from the August 15th total of 9,132 shares. Based on an average trading volume of 184,077 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the company’s stock are sold short.

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

A number of institutional investors and hedge funds have recently made changes to their positions in FAUG. Integrity Alliance LLC. acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the 4th quarter valued at about $1,023,000. Kestra Advisory Services LLC increased its position in FT Vest U.S. Equity Buffer ETF – August by 18.3% in the 1st quarter. Kestra Advisory Services LLC now owns 112,826 shares of the company’s stock valued at $5,842,000 after buying an additional 17,488 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in FT Vest U.S. Equity Buffer ETF – August by 4.6% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 245,697 shares of the company’s stock worth $13,883,000 after buying an additional 10,726 shares during the period. Assetmark Inc. raised its stake in FT Vest U.S. Equity Buffer ETF – August by 11.2% during the 1st quarter. Assetmark Inc. now owns 271,086 shares of the company’s stock worth $14,038,000 after buying an additional 27,228 shares during the period. Finally, Ameritas Advisory Services LLC raised its stake in FT Vest U.S. Equity Buffer ETF – August by 176.4% during the 2nd quarter. Ameritas Advisory Services LLC now owns 44,969 shares of the company’s stock worth $2,541,000 after buying an additional 28,702 shares during the period.

FT Vest U.S. Equity Buffer ETF – August Stock Down 0.5%

Shares of BATS FAUG opened at $57.25 on Friday. The firm has a market cap of $1.09 billion, a PE ratio of 24.22 and a beta of 0.63. The company’s fifty day simple moving average is $57.20 and its 200 day simple moving average is $55.41. FT Vest U.S. Equity Buffer ETF – August has a 12-month low of $50.67 and a 12-month high of $58.07.

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.