Short Interest in FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Decreases By 34.2%

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 70,326 shares, a decline of 34.2% from the July 30th total of 106,935 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 17,832 shares, the days-to-cover ratio is presently 3.9 days.

FT Vest U.S. Equity Buffer ETF – April Stock Up 0.3%

BATS:FAPR opened at $47.70 on Thursday. The company has a market capitalization of $927.76 million, a PE ratio of 24.36 and a beta of 0.60. FT Vest U.S. Equity Buffer ETF – April has a 52-week low of $42.96 and a 52-week high of $47.89. The stock has a fifty day simple moving average of $47.14 and a 200-day simple moving average of $46.08.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – April

Several hedge funds have recently added to or reduced their stakes in the business. Citadel Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – April in the second quarter valued at about $908,000. Ameritas Advisory Services LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 110.8% during the 2nd quarter. Ameritas Advisory Services LLC now owns 16,437 shares of the company’s stock worth $768,000 after purchasing an additional 8,640 shares in the last quarter. BAM Wealth Management LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – April during the 2nd quarter worth approximately $4,702,000. SMART Wealth LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – April by 22.2% during the 2nd quarter. SMART Wealth LLC now owns 50,916 shares of the company’s stock worth $2,380,000 after purchasing an additional 9,244 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – April by 4.6% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 23,476 shares of the company’s stock worth $1,097,000 after purchasing an additional 1,031 shares during the last quarter.

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

The FT Cboe Vest U.S. Equity Buffer ETF – April (FAPR) 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 the SPY over a specific holding period. The actively-managed fund holds options and collateral. FAPR was launched on Apr 16, 2021 and is managed by First Trust.