FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) Sees Significant Decrease in Short Interest

FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 21,274 shares, a decrease of 41.8% from the May 31st total of 36,584 shares. Based on an average daily volume of 16,970 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.4% of the company’s shares are sold short.

FT Vest Buffered Allocation Defensive ETF Stock Up 0.2%

BUFT stock opened at $25.89 on Wednesday. The stock has a market capitalization of $129.45 million, a price-to-earnings ratio of 24.87 and a beta of 0.35. FT Vest Buffered Allocation Defensive ETF has a 52-week low of $23.53 and a 52-week high of $26.09. The stock’s fifty day simple moving average is $25.78 and its 200-day simple moving average is $25.12.

Institutional Trading of FT Vest Buffered Allocation Defensive ETF

An institutional investor recently raised its stake in FT Vest Buffered Allocation Defensive ETF stock. Arkadios Wealth Advisors raised its holdings in FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) by 33.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,189 shares of the company’s stock after buying an additional 19,635 shares during the quarter. Arkadios Wealth Advisors owned approximately 1.58% of FT Vest Buffered Allocation Defensive ETF worth $1,948,000 at the end of the most recent quarter.

FT Vest Buffered Allocation Defensive ETF Company Profile

The FT Cboe Vest Buffered Allocation Defensive ETF (BUFT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund is an actively-managed fund-of-funds that allocates exposure to defined outcome buffer ETFs referencing the SPY. BUFT was launched on Oct 26, 2021 and is managed by First Trust.