FT Vest Laddered Buffer ETF (BATS:BUFR) Sees Significant Decline in Short Interest

FT Vest Laddered Buffer ETF (BATS:BUFR) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 226,261 shares, a decline of 67.0% from the June 15th total of 686,312 shares. Based on an average daily trading volume, of 1,317,074 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Captrust Financial Advisors raised its stake in shares of FT Vest Laddered Buffer ETF by 10.2% during the 2nd quarter. Captrust Financial Advisors now owns 41,950 shares of the company’s stock worth $1,334,000 after purchasing an additional 3,899 shares during the period. FSB Premier Wealth Management Inc. grew its position in FT Vest Laddered Buffer ETF by 1.6% during the second quarter. FSB Premier Wealth Management Inc. now owns 27,834 shares of the company’s stock valued at $885,000 after buying an additional 446 shares during the period. Ameriprise Financial Inc. bought a new position in FT Vest Laddered Buffer ETF during the third quarter valued at about $261,000. Integrated Wealth Concepts LLC increased its holdings in FT Vest Laddered Buffer ETF by 2.7% during the third quarter. Integrated Wealth Concepts LLC now owns 904,424 shares of the company’s stock worth $30,226,000 after buying an additional 23,501 shares during the last quarter. Finally, Wiser Advisor Group LLC purchased a new position in FT Vest Laddered Buffer ETF in the third quarter valued at about $697,000.

FT Vest Laddered Buffer ETF Stock Performance

Shares of BUFR opened at $36.79 on Monday. The company has a market capitalization of $7.95 billion, a price-to-earnings ratio of 24.43 and a beta of 0.61. The stock has a 50 day moving average of $36.30 and a 200 day moving average of $35.12. FT Vest Laddered Buffer ETF has a 12 month low of $31.82 and a 12 month high of $37.26.

About FT Vest Laddered Buffer ETF

The First Trust Cboe Vest Fund of Buffer ETFs (BUFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds which holds a laddered portfolio of FT Cboe Vest U.S. Equity Buffer ETFs. BUFR was launched on Aug 10, 2020 and is managed by First Trust.