FT Vest U.S. Equity Moderate Buffer ETF – August (BATS:GAUG) Sees Significant Decrease in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – August (BATS:GAUG) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 10,025 shares, a drop of 55.3% from the May 14th total of 22,418 shares. Based on an average trading volume of 10,059 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.2% of the shares of the stock are sold short.

FT Vest U.S. Equity Moderate Buffer ETF – August Stock Performance

FT Vest U.S. Equity Moderate Buffer ETF – August stock traded up $0.06 during trading on Friday, reaching $41.14. The company had a trading volume of 3,309 shares, compared to its average volume of 14,434. The firm’s 50-day simple moving average is $40.56 and its 200 day simple moving average is $39.71. FT Vest U.S. Equity Moderate Buffer ETF – August has a 1-year low of $36.13 and a 1-year high of $41.32. The firm has a market capitalization of $273.58 million, a PE ratio of 24.96 and a beta of 0.50.

Institutional Investors Weigh In On FT Vest U.S. Equity Moderate Buffer ETF – August

Institutional investors have recently added to or reduced their stakes in the stock. Fifth Third Bancorp acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – August in the 1st quarter valued at $54,000. Farther Finance Advisors LLC boosted its stake in FT Vest U.S. Equity Moderate Buffer ETF – August by 320.6% during the 4th quarter. Farther Finance Advisors LLC now owns 3,600 shares of the company’s stock worth $141,000 after purchasing an additional 2,744 shares during the last quarter. Triumph Capital Management acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – August during the 3rd quarter worth $142,000. CoreCap Advisors LLC boosted its stake in FT Vest U.S. Equity Moderate Buffer ETF – August by 4.3% during the 4th quarter. CoreCap Advisors LLC now owns 9,199 shares of the company’s stock worth $361,000 after purchasing an additional 381 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its stake in FT Vest U.S. Equity Moderate Buffer ETF – August by 818.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 16,263 shares of the company’s stock worth $628,000 after purchasing an additional 14,493 shares during the last quarter.

FT Vest U.S. Equity Moderate Buffer ETF – August Company Profile

The FT Vest U.S. Equity Moderate Buffer ETF – August (GAUG) is an exchange-traded fund that is based on the S&P 500 index. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a one-year period. The actively managed fund holds options and collateral. GAUG was launched on Aug 18, 2023 and is issued by First Trust.