Short Interest in FT Vest Laddered Buffer ETF (BATS:BUFR) Decreases By 73.5%

FT Vest Laddered Buffer ETF (BATS:BUFR) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 229,008 shares, a decline of 73.5% from the May 14th total of 862,727 shares. Based on an average trading volume of 1,028,513 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

FT Vest Laddered Buffer ETF Price Performance

BUFR opened at $36.29 on Friday. The stock’s 50 day simple moving average is $35.71 and its 200 day simple moving average is $34.77. FT Vest Laddered Buffer ETF has a 1 year low of $30.92 and a 1 year high of $37.26. The firm has a market cap of $7.84 billion, a price-to-earnings ratio of 24.43 and a beta of 0.61.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BUFR. GoalVest Advisory LLC purchased a new position in shares of FT Vest Laddered Buffer ETF in the fourth quarter worth $57,000. Parallel Advisors LLC bought a new stake in FT Vest Laddered Buffer ETF in the fourth quarter valued at $89,000. Rossby Financial LCC boosted its holdings in FT Vest Laddered Buffer ETF by 67.3% in the third quarter. Rossby Financial LCC now owns 4,716 shares of the company’s stock valued at $158,000 after acquiring an additional 1,897 shares in the last quarter. Gradient Capital Advisors LLC bought a new stake in FT Vest Laddered Buffer ETF in the fourth quarter valued at $219,000. Finally, Sunbelt Securities Inc. bought a new stake in shares of FT Vest Laddered Buffer ETF during the 3rd quarter valued at $227,000.

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.