FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) Stock Short Interest Declines 73.3%

FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 12,697 shares, a drop of 73.3% from the August 31st total of 47,489 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 19,071 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – June

Hedge funds and other institutional investors have recently modified their holdings of the stock. BAM Wealth Management LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – June during the second quarter valued at $5,531,000. Envestnet Asset Management Inc. lifted its stake in FT Vest U.S. Equity Buffer ETF – June by 12.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 560,836 shares of the company’s stock valued at $33,622,000 after acquiring an additional 62,306 shares during the period. Cetera Investment Advisers boosted its holdings in FT Vest U.S. Equity Buffer ETF – June by 24.1% in the first quarter. Cetera Investment Advisers now owns 255,390 shares of the company’s stock worth $14,430,000 after purchasing an additional 49,601 shares during the last quarter. Faithward Advisors LLC grew its position in FT Vest U.S. Equity Buffer ETF – June by 103.2% in the 1st quarter. Faithward Advisors LLC now owns 75,176 shares of the company’s stock worth $4,248,000 after purchasing an additional 38,184 shares during the period. Finally, Northeast Planning Associates INC. NH bought a new position in FT Vest U.S. Equity Buffer ETF – June in the second quarter valued at about $1,957,000.

FT Vest U.S. Equity Buffer ETF – June Stock Performance

FJUN opened at $61.53 on Monday. The stock’s 50 day moving average price is $60.89 and its 200-day moving average price is $59.55. The stock has a market capitalization of $1.13 billion, a PE ratio of 24.70 and a beta of 0.59. FT Vest U.S. Equity Buffer ETF – June has a 52-week low of $55.28 and a 52-week high of $62.77.

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

The FT Cboe Vest U.S. Equity Buffer ETF – June (FJUN) 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. FJUN was launched on Jun 19, 2020 and is managed by First Trust.