FT Vest U.S. Equity Moderate Buffer ETF – August (BATS:GAUG) Sees Large Drop in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – August (BATS:GAUG) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 10,025 shares, a decline of 55.3% from the May 14th total of 22,418 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 10,059 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Trading of FT Vest U.S. Equity Moderate Buffer ETF – August

Several hedge funds have recently bought and sold shares of GAUG. Fifth Third Bancorp purchased a new stake in FT Vest U.S. Equity Moderate Buffer ETF – August in the first quarter worth about $54,000. Farther Finance Advisors LLC grew its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – August by 320.6% during the 4th quarter. Farther Finance Advisors LLC now owns 3,600 shares of the company’s stock valued at $141,000 after acquiring an additional 2,744 shares during the period. Triumph Capital Management bought a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – August during the 3rd quarter valued at approximately $142,000. CoreCap Advisors LLC increased its holdings in FT Vest U.S. Equity Moderate Buffer ETF – August by 4.3% in the 4th quarter. CoreCap Advisors LLC now owns 9,199 shares of the company’s stock worth $361,000 after acquiring an additional 381 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its holdings in FT Vest U.S. Equity Moderate Buffer ETF – August by 818.8% in the 3rd quarter. Sunbelt Securities Inc. now owns 16,263 shares of the company’s stock worth $628,000 after acquiring an additional 14,493 shares in the last quarter.

FT Vest U.S. Equity Moderate Buffer ETF – August Stock Up 0.6%

GAUG traded up $0.25 during trading on Monday, hitting $41.33. The company’s stock had a trading volume of 347 shares, compared to its average volume of 14,434. The business’s 50 day simple moving average is $40.56 and its 200-day simple moving average is $39.72. The firm has a market cap of $274.84 million, a PE ratio of 24.96 and a beta of 0.50. FT Vest U.S. Equity Moderate Buffer ETF – August has a one year low of $36.13 and a one year high of $41.33.

FT Vest U.S. Equity Moderate Buffer ETF – August Company Profile

The FT Vest U.S. Equity Moderate Buffer ETF – August (GAUG) is an exchange-traded fund that is based on the S&P 500 index. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a one-year period. The actively managed fund holds options and collateral. GAUG was launched on Aug 18, 2023 and is issued by First Trust.