Short Interest in FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) Grows By 98.3%

FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 24,250 shares, a growth of 98.3% from the June 30th total of 12,226 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 33,750 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Triumph Capital Management purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – July in the third quarter valued at about $44,000. Wells Fargo & Company MN acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – July during the fourth quarter worth about $46,000. Barclays PLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – July by 48.5% during the fourth quarter. Barclays PLC now owns 3,564 shares of the company’s stock worth $199,000 after buying an additional 1,164 shares during the last quarter. Avidian Wealth Enterprises LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – July during the fourth quarter worth about $200,000. Finally, Diesslin Group Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – July in the 2nd quarter valued at about $214,000.

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

FJUL stock opened at $59.80 on Wednesday. The company has a fifty day moving average price of $59.38 and a 200 day moving average price of $57.49. FT Vest U.S. Equity Buffer ETF – July has a 12 month low of $52.24 and a 12 month high of $60.19. The company has a market cap of $1.20 billion, a price-to-earnings ratio of 24.56 and a beta of 0.63.

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.