FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Short Interest Update

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 106,061 shares, an increase of 341.3% from the April 15th total of 24,034 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 167,480 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. NewEdge Advisors LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – April by 33.8% in the second quarter. NewEdge Advisors LLC now owns 39,666 shares of the company’s stock valued at $1,674,000 after buying an additional 10,011 shares during the last quarter. Main Street Financial Solutions LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – April by 40.9% in the second quarter. Main Street Financial Solutions LLC now owns 18,487 shares of the company’s stock valued at $780,000 after buying an additional 5,369 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of FT Vest U.S. Equity Buffer ETF – April by 6.8% in the second quarter. Raymond James Financial Inc. now owns 258,097 shares of the company’s stock valued at $10,889,000 after buying an additional 16,543 shares during the last quarter. Jane Street Group LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – April during the 2nd quarter worth approximately $655,000. Finally, Modern Wealth Management LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – April during the 2nd quarter worth approximately $397,000.

FT Vest U.S. Equity Buffer ETF – April Trading Down 0.0%

BATS:FAPR opened at $46.16 on Wednesday. FT Vest U.S. Equity Buffer ETF – April has a 1-year low of $40.66 and a 1-year high of $46.22. The business’s 50-day moving average price is $45.10 and its two-hundred day moving average price is $44.56. The firm has a market capitalization of $897.81 million, a price-to-earnings ratio of 24.36 and a beta of 0.60.

FT Vest U.S. Equity Buffer ETF – April Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – April (FAPR) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPY over a specific holding period. The actively-managed fund holds options and collateral. FAPR was launched on Apr 16, 2021 and is managed by First Trust.