FT Vest Laddered Moderate Buffer ETF (BATS:BUFZ) Short Interest Up 89.4% in April

FT Vest Laddered Moderate Buffer ETF (BATS:BUFZ) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 218,083 shares, an increase of 89.4% from the April 15th total of 115,137 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average daily volume of 171,863 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Arlington Capital Management Inc. boosted its holdings in shares of FT Vest Laddered Moderate Buffer ETF by 5.9% in the first quarter. Arlington Capital Management Inc. now owns 10,228 shares of the company’s stock valued at $269,000 after buying an additional 568 shares during the period. Founders Financial Securities LLC boosted its holdings in shares of FT Vest Laddered Moderate Buffer ETF by 2.8% in the first quarter. Founders Financial Securities LLC now owns 22,165 shares of the company’s stock valued at $595,000 after buying an additional 601 shares during the period. FSB Premier Wealth Management Inc. boosted its holdings in shares of FT Vest Laddered Moderate Buffer ETF by 4.0% in the second quarter. FSB Premier Wealth Management Inc. now owns 34,753 shares of the company’s stock valued at $866,000 after buying an additional 1,329 shares during the period. Legacy Wealth Managment LLC ID boosted its holdings in shares of FT Vest Laddered Moderate Buffer ETF by 5.5% in the first quarter. Legacy Wealth Managment LLC ID now owns 32,213 shares of the company’s stock valued at $846,000 after buying an additional 1,692 shares during the period. Finally, Brookstone Capital Management boosted its holdings in shares of FT Vest Laddered Moderate Buffer ETF by 2.5% in the first quarter. Brookstone Capital Management now owns 80,612 shares of the company’s stock valued at $2,118,000 after buying an additional 1,951 shares during the period.

FT Vest Laddered Moderate Buffer ETF Stock Performance

Shares of BATS BUFZ opened at $27.64 on Friday. The stock has a market cap of $574.91 million, a P/E ratio of 24.79 and a beta of 0.40. The firm has a 50 day moving average price of $26.85 and a 200 day moving average price of $26.59. FT Vest Laddered Moderate Buffer ETF has a 52-week low of $23.91 and a 52-week high of $27.71.

About FT Vest Laddered Moderate Buffer ETF

The FT Vest Laddered Moderate Buffer ETF (BUFZ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that invests in an equal-weighted portfolio of First Trusts twelve-monthly Equity Moderate Buffer ETFs. The underlying ETFs target specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust (ticker: SPY). BUFZ was launched on Oct 25, 2023 and is issued by First Trust.