FT Vest U.S. Equity Moderate Buffer ETF – October (BATS:GOCT) Sees Significant Growth in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – October (BATS:GOCT) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 2,761 shares, an increase of 127.1% from the July 15th total of 1,216 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 8,203 shares, the short-interest ratio is currently 0.3 days.

FT Vest U.S. Equity Moderate Buffer ETF – October Price Performance

Shares of GOCT stock opened at $42.33 on Friday. The company has a market capitalization of $263.72 million, a P/E ratio of 24.43 and a beta of 0.35. The company’s 50-day simple moving average is $41.64 and its two-hundred day simple moving average is $40.51. FT Vest U.S. Equity Moderate Buffer ETF – October has a one year low of $37.22 and a one year high of $42.42.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Advisory Services Network LLC raised its position in FT Vest U.S. Equity Moderate Buffer ETF – October by 82.1% during the 4th quarter. Advisory Services Network LLC now owns 128,835 shares of the company’s stock valued at $5,062,000 after purchasing an additional 58,088 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in FT Vest U.S. Equity Moderate Buffer ETF – October by 112.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 34,925 shares of the company’s stock worth $1,372,000 after buying an additional 18,513 shares during the period. Royal Bank of Canada lifted its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – October by 83.6% during the 4th quarter. Royal Bank of Canada now owns 30,319 shares of the company’s stock worth $1,192,000 after purchasing an additional 13,804 shares during the last quarter. Range Financial Group LLC lifted its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – October by 15.0% during the first quarter. Range Financial Group LLC now owns 47,907 shares of the company’s stock valued at $1,850,000 after buying an additional 6,243 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV purchased a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – October in the 4th quarter worth approximately $219,000.

About FT Vest U.S. Equity Moderate Buffer ETF – October

The FT Vest U.S. Equity Moderate Buffer ETF – October (GOCT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GOCT was launched on Oct 20, 2023 and is issued by First Trust.