Short Interest in FT Vest Laddered Buffer ETF (BATS:BUFR) Drops By 73.5%

FT Vest Laddered Buffer ETF (BATS:BUFR) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 229,008 shares, a decrease of 73.5% from the May 14th total of 862,727 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 1,028,513 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. GoalVest Advisory LLC bought a new position in shares of FT Vest Laddered Buffer ETF in the fourth quarter worth $57,000. Parallel Advisors LLC bought a new position in shares of FT Vest Laddered Buffer ETF in the fourth quarter worth $89,000. Rossby Financial LCC grew its stake in shares of FT Vest Laddered Buffer ETF by 67.3% in the third quarter. Rossby Financial LCC now owns 4,716 shares of the company’s stock worth $158,000 after purchasing an additional 1,897 shares in the last quarter. Gradient Capital Advisors LLC bought a new position in shares of FT Vest Laddered Buffer ETF in the fourth quarter worth $219,000. Finally, Sunbelt Securities Inc. bought a new position in shares of FT Vest Laddered Buffer ETF in the third quarter worth $227,000.

FT Vest Laddered Buffer ETF Price Performance

Shares of BUFR opened at $35.88 on Thursday. The company has a market cap of $7.75 billion, a P/E ratio of 24.43 and a beta of 0.61. The stock has a fifty day moving average price of $35.62 and a 200 day moving average price of $34.74. FT Vest Laddered Buffer ETF has a 12 month low of $30.92 and a 12 month high of $37.26.

FT Vest Laddered Buffer ETF Company Profile

The First Trust Cboe Vest Fund of Buffer ETFs (BUFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds which holds a laddered portfolio of FT Cboe Vest U.S. Equity Buffer ETFs. BUFR was launched on Aug 10, 2020 and is managed by First Trust.