Short Interest in FT Vest U.S. Equity Moderate Buffer ETF – October (BATS:GOCT) Drops By 37.4%

FT Vest U.S. Equity Moderate Buffer ETF – October (BATS:GOCT) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 5,298 shares, a decline of 37.4% from the April 30th total of 8,469 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 10,768 shares, the short-interest ratio is currently 0.5 days.

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

A number of hedge funds have recently added to or reduced their stakes in GOCT. CoreCap Advisors LLC boosted its stake in FT Vest U.S. Equity Moderate Buffer ETF – October by 4.2% in the fourth quarter. CoreCap Advisors LLC now owns 9,643 shares of the company’s stock valued at $379,000 after acquiring an additional 388 shares during the period. Creative Financial Designs Inc. ADV acquired a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – October in the fourth quarter valued at $26,000. Sunbelt Securities Inc. grew its holdings in FT Vest U.S. Equity Moderate Buffer ETF – October by 11.8% during the fourth quarter. Sunbelt Securities Inc. now owns 7,203 shares of the company’s stock worth $283,000 after acquiring an additional 759 shares during the period. FSB Premier Wealth Management Inc. grew its holdings in FT Vest U.S. Equity Moderate Buffer ETF – October by 13.2% during the fourth quarter. FSB Premier Wealth Management Inc. now owns 8,158 shares of the company’s stock worth $321,000 after acquiring an additional 952 shares during the period. Finally, Hollencrest Capital Management acquired a new position in FT Vest U.S. Equity Moderate Buffer ETF – October during the fourth quarter worth about $39,000.

FT Vest U.S. Equity Moderate Buffer ETF – October Stock Performance

Shares of GOCT stock opened at $41.42 on Thursday. The stock has a market capitalization of $258.05 million, a price-to-earnings ratio of 24.43 and a beta of 0.35. FT Vest U.S. Equity Moderate Buffer ETF – October has a one year low of $35.51 and a one year high of $41.48. The company’s 50-day simple moving average is $40.28 and its 200-day simple moving average is $39.63.

About FT Vest U.S. Equity Moderate Buffer ETF – October

The FT Vest U.S. Equity Moderate Buffer ETF – October (GOCT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GOCT was launched on Oct 20, 2023 and is issued by First Trust.