Short Interest in FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Expands By 2,192.3%

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 34,774 shares, a growth of 2,192.3% from the June 30th total of 1,517 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 15,142 shares, the days-to-cover ratio is currently 2.3 days.

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

Hedge funds have recently modified their holdings of the company. O Shaughnessy Asset Management LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – October in the 4th quarter valued at about $56,000. JPMorgan Chase & Co. bought a new position in shares of FT Vest U.S. Equity Buffer ETF – October during the 3rd quarter worth approximately $98,000. Fifth Third Bancorp acquired a new stake in FT Vest U.S. Equity Buffer ETF – October in the fourth quarter valued at approximately $116,000. Sunbelt Securities Inc. grew its holdings in FT Vest U.S. Equity Buffer ETF – October by 20.0% in the third quarter. Sunbelt Securities Inc. now owns 2,997 shares of the company’s stock worth $142,000 after purchasing an additional 500 shares during the last quarter. Finally, Sound Income Strategies LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – October in the fourth quarter worth $195,000.

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

FOCT stock traded up $0.07 during trading on Friday, reaching $52.29. 10,961 shares of the company traded hands, compared to its average volume of 33,436. FT Vest U.S. Equity Buffer ETF – October has a 12 month low of $44.94 and a 12 month high of $52.79. The business has a 50 day simple moving average of $52.13 and a 200 day simple moving average of $50.33. The company has a market capitalization of $1.00 billion, a price-to-earnings ratio of 24.45 and a beta of 0.62.

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

The FT Cboe Vest U.S. Equity Buffer ETF – October (FOCT) 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. FOCT was launched on Oct 16, 2020 and is managed by First Trust.