FT Vest Gold Strategy Quarterly Buffer ETF (BATS:BGLD) Sees Large Drop in Short Interest

FT Vest Gold Strategy Quarterly Buffer ETF (BATS:BGLD) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 46,974 shares, a drop of 48.8% from the August 31st total of 91,793 shares. Based on an average daily trading volume, of 18,894 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.4% of the shares of the company are short sold.

FT Vest Gold Strategy Quarterly Buffer ETF Trading Up 1.3%

Shares of FT Vest Gold Strategy Quarterly Buffer ETF stock opened at $16.48 on Wednesday. The firm has a 50-day simple moving average of $16.86 and a two-hundred day simple moving average of $16.94. FT Vest Gold Strategy Quarterly Buffer ETF has a fifty-two week low of $16.11 and a fifty-two week high of $25.34.

Institutional Trading of FT Vest Gold Strategy Quarterly Buffer ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Arlington Capital Management Inc. grew its stake in FT Vest Gold Strategy Quarterly Buffer ETF by 19.4% in the 1st quarter. Arlington Capital Management Inc. now owns 161,794 shares of the company’s stock valued at $2,773,000 after acquiring an additional 26,300 shares during the period. Cetera Investment Advisers lifted its holdings in FT Vest Gold Strategy Quarterly Buffer ETF by 39.9% during the first quarter. Cetera Investment Advisers now owns 137,825 shares of the company’s stock valued at $2,362,000 after purchasing an additional 39,297 shares in the last quarter. Harbour Investments Inc. grew its position in shares of FT Vest Gold Strategy Quarterly Buffer ETF by 27.4% in the fourth quarter. Harbour Investments Inc. now owns 20,569 shares of the company’s stock valued at $352,000 after purchasing an additional 4,427 shares during the period. Finally, Compass Capital Corp MA ADV purchased a new stake in shares of FT Vest Gold Strategy Quarterly Buffer ETF during the fourth quarter worth about $236,000.

FT Vest Gold Strategy Quarterly Buffer ETF Company Profile

The FT Cboe Vest Gold Tactical Buffer ETF (BGLD) is an exchange-traded fund that is based on the SPDR Gold Trust index. The fund aims for specific buffered losses and capped gains on SPDR Gold Trust ETF over a specific holdings period. The fund invests in US treasury bills, cash-like instruments and FLEX options through a wholly-owned subsidiary. BGLD was launched on Jan 20, 2021 and is managed by First Trust.