FT Vest U.S. Equity Moderate Buffer ETF – June (BATS:GJUN) Short Interest Up 70.4% in August

FT Vest U.S. Equity Moderate Buffer ETF – June (BATS:GJUN) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 34,946 shares, an increase of 70.4% from the July 30th total of 20,507 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 34,220 shares, the days-to-cover ratio is currently 1.0 days.

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

BATS:GJUN opened at $41.92 on Tuesday. The company’s 50-day simple moving average is $41.47 and its 200-day simple moving average is $40.72. FT Vest U.S. Equity Moderate Buffer ETF – June has a fifty-two week low of $38.17 and a fifty-two week high of $42.14. The stock has a market capitalization of $314.40 million, a P/E ratio of 24.15 and a beta of 0.53.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. boosted its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – June by 53.3% in the 2nd quarter. Raymond James Financial Inc. now owns 463,704 shares of the company’s stock worth $17,435,000 after purchasing an additional 161,243 shares in the last quarter. BAM Wealth Management LLC acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – June in the second quarter worth about $4,296,000. Cetera Investment Advisers boosted its holdings in FT Vest U.S. Equity Moderate Buffer ETF – June by 35.0% in the first quarter. Cetera Investment Advisers now owns 360,800 shares of the company’s stock worth $14,223,000 after acquiring an additional 93,466 shares in the last quarter. VestGen Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – June during the fourth quarter worth about $3,111,000. Finally, Schulz Wealth LTD. purchased a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – June during the second quarter worth about $2,302,000.

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

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – June (GJUN) 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. GJUN was launched on Jun 16, 2023 and is managed by First Trust.