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

FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 3,129 shares, a growth of 121.3% from the April 30th total of 1,414 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 45,262 shares, the short-interest ratio is currently 0.1 days.

FT Vest U.S. Equity Buffer ETF – July Stock Up 0.2%

BATS:FJUL opened at $59.22 on Friday. FT Vest U.S. Equity Buffer ETF – July has a 12-month low of $49.14 and a 12-month high of $59.23. The firm has a market capitalization of $1.19 billion, a P/E ratio of 24.56 and a beta of 0.63. The stock’s fifty day simple moving average is $57.17 and its 200-day simple moving average is $56.31.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Sunbelt Securities Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – July by 18.5% in the 1st quarter. Sunbelt Securities Inc. now owns 12,824 shares of the company’s stock worth $702,000 after purchasing an additional 2,000 shares during the last quarter. Gateway Wealth Partners LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – July in the 1st quarter worth $345,000. Assetmark Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – July by 10.5% in the 1st quarter. Assetmark Inc. now owns 255,851 shares of the company’s stock worth $14,000,000 after purchasing an additional 24,256 shares during the last quarter. Independent Financial Group LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – July in the 1st quarter worth $251,000. Finally, Kestra Advisory Services LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – July by 32.9% in the 1st quarter. Kestra Advisory Services LLC now owns 108,908 shares of the company’s stock worth $5,959,000 after purchasing an additional 26,972 shares during the last quarter.

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.