FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Short Interest Up 183.3% in June

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 52,210 shares, an increase of 183.3% from the June 15th total of 18,430 shares. Based on an average trading volume of 99,305 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the shares of the company are sold short.

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

FT Vest U.S. Equity Buffer ETF – January stock remained flat at $55.52 during midday trading on Monday. 6,817 shares of the company’s stock traded hands, compared to its average volume of 63,016. The company has a market capitalization of $1.24 billion, a P/E ratio of 24.79 and a beta of 0.57. FT Vest U.S. Equity Buffer ETF – January has a twelve month low of $47.66 and a twelve month high of $55.58. The company has a fifty day simple moving average of $54.80 and a 200-day simple moving average of $52.91.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – January

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Assetmark Inc. increased its position in shares of FT Vest U.S. Equity Buffer ETF – January by 14.7% in the fourth quarter. Assetmark Inc. now owns 252,229 shares of the company’s stock worth $13,053,000 after purchasing an additional 32,253 shares during the period. Money Concepts Capital Corp bought a new stake in FT Vest U.S. Equity Buffer ETF – January during the fourth quarter worth about $1,021,000. Outlook Wealth Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – January during the first quarter worth about $690,000. Private Advisor Group LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – January during the first quarter worth about $4,300,000. Finally, Foguth Wealth Management LLC. bought a new position in FT Vest U.S. Equity Buffer ETF – January in the 4th quarter valued at about $6,514,000.

FT Vest U.S. Equity Buffer ETF – January Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – January (FJAN) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FJAN was launched on Jan 15, 2021 and is managed by First Trust.