FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) Sees Significant Decline in Short Interest

FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,414 shares, a drop of 95.0% from the April 15th total of 28,149 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 15,534 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Faithward Advisors LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – July during the 3rd quarter valued at approximately $556,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – July during the 3rd quarter valued at approximately $925,000. Commonwealth Equity Services LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – July by 35.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 236,107 shares of the company’s stock valued at $12,922,000 after buying an additional 61,629 shares in the last quarter. REAP Financial Group LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – July by 23.9% during the 3rd quarter. REAP Financial Group LLC now owns 146,925 shares of the company’s stock valued at $8,041,000 after buying an additional 28,319 shares in the last quarter. Finally, Assetmark Inc. lifted its position in shares of FT Vest U.S. Equity Buffer ETF – July by 15.3% during the 4th quarter. Assetmark Inc. now owns 231,595 shares of the company’s stock valued at $12,950,000 after buying an additional 30,659 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – July Stock Up 0.1%

Shares of BATS FJUL traded up $0.04 during midday trading on Monday, reaching $58.58. 16,402 shares of the stock were exchanged, compared to its average volume of 35,240. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 24.56 and a beta of 0.63. FT Vest U.S. Equity Buffer ETF – July has a twelve month low of $48.61 and a twelve month high of $58.66. The firm has a 50-day simple moving average of $56.24 and a two-hundred day simple moving average of $55.90.

FT Vest U.S. Equity Buffer ETF – July Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – July (FJUL) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FJUL was launched on Jul 17, 2020 and is managed by First Trust.