FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Short Interest Up 1,682.0% in August

FT Vest Laddered Deep Buffer ETF (BATS:BUFD) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 190,940 shares, an increase of 1,682.0% from the July 30th total of 10,715 shares. Based on an average daily volume of 279,977 shares, the short-interest ratio is presently 0.7 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in BUFD. Parallel Advisors LLC acquired a new position in FT Vest Laddered Deep Buffer ETF during the 4th quarter valued at about $36,000. MN Wealth Advisors LLC purchased a new stake in shares of FT Vest Laddered Deep Buffer ETF during the 4th quarter valued at $258,000. CoreCap Advisors LLC raised its stake in shares of FT Vest Laddered Deep Buffer ETF by 41.2% during the 2nd quarter. CoreCap Advisors LLC now owns 13,230 shares of the company’s stock worth $393,000 after purchasing an additional 3,860 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of FT Vest Laddered Deep Buffer ETF in the 2nd quarter worth about $463,000. Finally, Janney Montgomery Scott LLC grew its position in FT Vest Laddered Deep Buffer ETF by 15.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 25,869 shares of the company’s stock valued at $731,000 after buying an additional 3,374 shares during the period.

FT Vest Laddered Deep Buffer ETF Trading Down 0.1%

BUFD stock traded down $0.02 during trading on Tuesday, hitting $30.20. The company had a trading volume of 416,786 shares, compared to its average volume of 282,798. The stock has a market cap of $1.51 billion, a PE ratio of 24.83 and a beta of 0.41. FT Vest Laddered Deep Buffer ETF has a one year low of $27.00 and a one year high of $30.64. The business has a 50-day moving average of $29.89 and a 200-day moving average of $29.17.

FT Vest Laddered Deep Buffer ETF Company Profile

The FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest U.S. Equity Deep Buffer ETFs. BUFD was launched on Jan 20, 2021 and is managed by First Trust.