FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Sees Large Growth in Short Interest

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 78,282 shares, a growth of 1,641.1% from the May 14th total of 4,496 shares. Based on an average daily trading volume, of 19,346 shares, the days-to-cover ratio is currently 4.0 days. Currently, 0.3% of the shares of the stock are short sold.

FT Vest U.S. Equity Buffer ETF – January Stock Performance

Shares of FJAN stock traded down $0.10 during midday trading on Tuesday, reaching $54.58. 19,745 shares of the company were exchanged, compared to its average volume of 64,900. FT Vest U.S. Equity Buffer ETF – January has a 12 month low of $46.25 and a 12 month high of $55.35. The company has a market cap of $1.22 billion, a P/E ratio of 24.79 and a beta of 0.57. The company’s 50 day moving average price is $53.52 and its two-hundred day moving average price is $52.28.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – January

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Assetmark Inc. raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – January by 13.6% in the 3rd quarter. Assetmark Inc. now owns 219,976 shares of the company’s stock worth $11,033,000 after purchasing an additional 26,288 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – January by 4.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 865,980 shares of the company’s stock worth $43,433,000 after purchasing an additional 38,665 shares in the last quarter. Money Concepts Capital Corp bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – January in the 4th quarter worth approximately $1,021,000. Foguth Wealth Management LLC. bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – January in the 4th quarter worth approximately $6,514,000. Finally, Atria Investments Inc raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – January by 170.0% in the 3rd quarter. Atria Investments Inc now owns 120,399 shares of the company’s stock worth $6,039,000 after purchasing an additional 75,808 shares in the last quarter.

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

The FT Cboe Vest U.S. Equity Buffer ETF – January (FJAN) 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 SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FJAN was launched on Jan 15, 2021 and is managed by First Trust.