FT Vest Laddered Buffer ETF (BATS:BUFR) Sees Large Increase in Short Interest

FT Vest Laddered Buffer ETF (BATS:BUFR) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 686,312 shares, a growth of 199.7% from the May 31st total of 229,008 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 1,498,398 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Royal Bank of Canada grew its stake in shares of FT Vest Laddered Buffer ETF by 3.0% during the fourth quarter. Royal Bank of Canada now owns 4,797,326 shares of the company’s stock valued at $164,357,000 after buying an additional 138,823 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of FT Vest Laddered Buffer ETF by 14.7% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 3,262,912 shares of the company’s stock worth $111,787,000 after acquiring an additional 418,781 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in FT Vest Laddered Buffer ETF by 1.9% during the 3rd quarter. NewEdge Advisors LLC now owns 2,542,145 shares of the company’s stock valued at $84,958,000 after acquiring an additional 47,059 shares during the period. IHT Wealth Management LLC boosted its holdings in FT Vest Laddered Buffer ETF by 9.5% during the 4th quarter. IHT Wealth Management LLC now owns 1,679,663 shares of the company’s stock valued at $57,545,000 after acquiring an additional 145,631 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in FT Vest Laddered Buffer ETF by 17.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,280,580 shares of the company’s stock valued at $43,245,000 after acquiring an additional 186,645 shares during the last quarter.

FT Vest Laddered Buffer ETF Trading Down 0.2%

BUFR stock opened at $36.14 on Friday. The stock has a market cap of $7.81 billion, a PE ratio of 24.43 and a beta of 0.61. FT Vest Laddered Buffer ETF has a 12 month low of $31.58 and a 12 month high of $37.26. The company has a 50-day moving average price of $36.07 and a 200 day moving average price of $34.94.

About FT Vest Laddered Buffer ETF

The First Trust Cboe Vest Fund of Buffer ETFs (BUFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds which holds a laddered portfolio of FT Cboe Vest U.S. Equity Buffer ETFs. BUFR was launched on Aug 10, 2020 and is managed by First Trust.