FT Vest U.S. Equity Moderate Buffer ETF – August (BATS:GAUG) Stock Short Interest Drops 79.5%

FT Vest U.S. Equity Moderate Buffer ETF – August (BATS:GAUG) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 13,870 shares, a decrease of 79.5% from the September 15th total of 67,500 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 40,980 shares, the days-to-cover ratio is presently 0.3 days.

FT Vest U.S. Equity Moderate Buffer ETF – August Trading Up 0.2%

BATS:GAUG traded up $0.10 during trading hours on Friday, hitting $42.55. The stock had a trading volume of 7,636 shares, compared to its average volume of 32,692. FT Vest U.S. Equity Moderate Buffer ETF – August has a 1-year low of $37.99 and a 1-year high of $42.60. The business has a 50 day simple moving average of $42.10 and a two-hundred day simple moving average of $41.21. The company has a market cap of $282.96 million, a PE ratio of 24.96 and a beta of 0.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Fifth Third Bancorp purchased a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – August in the first quarter valued at $54,000. Integrated Wealth Concepts LLC purchased a new stake in FT Vest U.S. Equity Moderate Buffer ETF – August during the 2nd quarter worth $62,000. First Heartland Consultants Inc. purchased a new stake in FT Vest U.S. Equity Moderate Buffer ETF – August during the 3rd quarter worth $253,000. CoreCap Advisors LLC increased its stake in FT Vest U.S. Equity Moderate Buffer ETF – August by 9.6% during the 3rd quarter. CoreCap Advisors LLC now owns 10,377 shares of the company’s stock worth $437,000 after buying an additional 911 shares during the period. Finally, Ameritas Advisory Services LLC lifted its holdings in FT Vest U.S. Equity Moderate Buffer ETF – August by 35.5% in the 2nd quarter. Ameritas Advisory Services LLC now owns 11,689 shares of the company’s stock worth $484,000 after buying an additional 3,060 shares in the last quarter.

FT Vest U.S. Equity Moderate Buffer ETF – August Company Profile

The FT Vest U.S. Equity Moderate Buffer ETF – August (GAUG) is an exchange-traded fund that is based on the S&P 500 index. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a one-year period. The actively managed fund holds options and collateral. GAUG was launched on Aug 18, 2023 and is issued by First Trust.