FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) Short Interest Update

FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 22,816 shares, a drop of 53.5% from the August 15th total of 49,093 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 18,645 shares, the days-to-cover ratio is currently 1.2 days.

FT Vest Buffered Allocation Defensive ETF Price Performance

BUFT opened at $26.36 on Monday. FT Vest Buffered Allocation Defensive ETF has a fifty-two week low of $24.05 and a fifty-two week high of $26.59. The firm has a market capitalization of $131.80 million, a PE ratio of 24.87 and a beta of 0.35. The company’s 50-day moving average is $26.16 and its 200 day moving average is $25.68.

Institutional Trading of FT Vest Buffered Allocation Defensive ETF

An institutional investor recently raised its position in FT Vest Buffered Allocation Defensive ETF stock. Arkadios Wealth Advisors raised its stake in FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) by 100.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 158,415 shares of the company’s stock after purchasing an additional 79,226 shares during the quarter. Arkadios Wealth Advisors owned 3.17% of FT Vest Buffered Allocation Defensive ETF worth $3,930,000 as of its most recent filing with the Securities & Exchange Commission.

FT Vest Buffered Allocation Defensive ETF Company Profile

The FT Cboe Vest Buffered Allocation Defensive ETF (BUFT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund is an actively-managed fund-of-funds that allocates exposure to defined outcome buffer ETFs referencing the SPY. BUFT was launched on Oct 26, 2021 and is managed by First Trust.