FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Short Interest Down 34.2% in August

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 70,326 shares, a decrease of 34.2% from the July 30th total of 106,935 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 17,832 shares, the short-interest ratio is presently 3.9 days.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – April

A number of hedge funds have recently bought and sold shares of FAPR. Geneos Wealth Management Inc. grew its position in shares of FT Vest U.S. Equity Buffer ETF – April by 200.0% in the second quarter. Geneos Wealth Management Inc. now owns 900 shares of the company’s stock valued at $38,000 after purchasing an additional 600 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – April during the 3rd quarter worth about $42,000. IFP Advisors Inc boosted its stake in FT Vest U.S. Equity Buffer ETF – April by 20.7% during the 4th quarter. IFP Advisors Inc now owns 1,891 shares of the company’s stock valued at $84,000 after purchasing an additional 324 shares during the period. Global Retirement Partners LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – April by 20.0% during the 4th quarter. Global Retirement Partners LLC now owns 3,000 shares of the company’s stock valued at $133,000 after purchasing an additional 500 shares during the period. Finally, Elevation Point Wealth Partners LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – April during the 3rd quarter valued at approximately $296,000.

FT Vest U.S. Equity Buffer ETF – April Trading Down 0.3%

BATS:FAPR opened at $47.55 on Wednesday. FT Vest U.S. Equity Buffer ETF – April has a 1 year low of $42.84 and a 1 year high of $47.89. The firm’s fifty day simple moving average is $47.11 and its 200 day simple moving average is $46.06. The firm has a market capitalization of $924.85 million, a PE ratio of 24.36 and a beta of 0.60.

About FT Vest U.S. Equity Buffer ETF – April

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.