FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) Sees Large Decrease in Short Interest

FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,414 shares, a decline of 95.0% from the April 15th total of 28,149 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 15,534 shares, the short-interest ratio is presently 0.1 days.

FT Vest U.S. Equity Buffer ETF – July Price Performance

Shares of FT Vest U.S. Equity Buffer ETF – July stock opened at $58.58 on Tuesday. The stock has a market cap of $1.17 billion, a P/E ratio of 24.56 and a beta of 0.63. The stock’s 50 day simple moving average is $56.33 and its 200-day simple moving average is $55.95. FT Vest U.S. Equity Buffer ETF – July has a 1-year low of $48.61 and a 1-year high of $58.66.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of FJUL. Raymond James Financial Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – July by 156.0% during the 2nd quarter. Raymond James Financial Inc. now owns 1,808,552 shares of the company’s stock valued at $93,574,000 after acquiring an additional 1,102,124 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – July by 437.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 720,413 shares of the company’s stock valued at $39,428,000 after acquiring an additional 586,368 shares during the last quarter. Atria Investments Inc acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – July during the 3rd quarter valued at about $6,753,000. Onyx Bridge Wealth Group LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – July during the 3rd quarter valued at about $6,293,000. Finally, BAM Wealth Management LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – July during the 3rd quarter valued at about $4,946,000.

About FT Vest U.S. Equity Buffer ETF – July

The FT Cboe Vest U.S. Equity Buffer ETF – July (FJUL) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FJUL was launched on Jul 17, 2020 and is managed by First Trust.