FT Vest Laddered Buffer ETF (BATS:BUFR) Stock Short Interest Jumps 112.9%

FT Vest Laddered Buffer ETF (BATS:BUFR) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 653,474 shares, a growth of 112.9% from the September 30th total of 306,975 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 1,118,299 shares, the short-interest ratio is currently 0.6 days.

FT Vest Laddered Buffer ETF Stock Performance

Shares of BUFR opened at $37.40 on Friday. FT Vest Laddered Buffer ETF has a one year low of $33.03 and a one year high of $37.95. The stock has a market capitalization of $8.08 billion, a price-to-earnings ratio of 24.43 and a beta of 0.61. The stock has a 50 day moving average price of $37.56 and a 200 day moving average price of $36.04.

Institutional Investors Weigh In On FT Vest Laddered Buffer ETF

A number of institutional investors and hedge funds have recently made changes to their positions in BUFR. Bank of New Hampshire raised its position in FT Vest Laddered Buffer ETF by 31.6% in the third quarter. Bank of New Hampshire now owns 1,145 shares of the company’s stock valued at $43,000 after purchasing an additional 275 shares during the period. Farmers & Merchants Investments Inc. acquired a new position in FT Vest Laddered Buffer ETF during the third quarter worth $56,000. BOKF NA purchased a new position in shares of FT Vest Laddered Buffer ETF during the third quarter worth $112,000. MTM Investment Management LLC boosted its position in shares of FT Vest Laddered Buffer ETF by 138.3% during the first quarter. MTM Investment Management LLC now owns 7,150 shares of the company’s stock worth $241,000 after buying an additional 4,150 shares during the period. Finally, Compass Financial Management LLC purchased a new position in shares of FT Vest Laddered Buffer ETF during the second quarter worth $554,000.

About FT Vest Laddered Buffer ETF

The First Trust Cboe Vest Fund of Buffer ETFs (BUFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds which holds a laddered portfolio of FT Cboe Vest U.S. Equity Buffer ETFs. BUFR was launched on Aug 10, 2020 and is managed by First Trust.