FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June (BATS:XJUN) Sees Significant Growth in Short Interest

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June (BATS:XJUN) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 8,886 shares, a growth of 134.3% from the June 30th total of 3,793 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 7,592 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Investors Weigh In On FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. purchased a new position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June during the second quarter worth about $26,000. Aurora Private Wealth Inc. purchased a new stake in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June in the 4th quarter valued at about $203,000. Goldman Sachs Group Inc. purchased a new stake in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June in the 1st quarter valued at about $239,000. Janney Montgomery Scott LLC boosted its position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June by 8.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 6,150 shares of the company’s stock valued at $264,000 after purchasing an additional 485 shares during the period. Finally, IFP Advisors Inc purchased a new position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June during the 4th quarter worth approximately $338,000.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June Trading Up 0.2%

Shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June stock opened at $44.41 on Wednesday. The company has a fifty day simple moving average of $44.33 and a 200-day simple moving average of $43.71. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June has a 12-month low of $41.01 and a 12-month high of $44.66. The stock has a market cap of $172.31 million, a price-to-earnings ratio of 24.99 and a beta of 0.36.

About FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June

The FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF – June (XJUN) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. 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. XJUN was launched on Jul 12, 2021 and is managed by First Trust.