Short Interest in FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Expands By 76.3%

FT Vest Laddered Deep Buffer ETF (BATS:BUFD) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 175,717 shares, an increase of 76.3% from the June 15th total of 99,667 shares. Based on an average daily volume of 313,244 shares, the short-interest ratio is presently 0.6 days. Approximately 0.4% of the shares of the stock are sold short.

FT Vest Laddered Deep Buffer ETF Stock Performance

Shares of FT Vest Laddered Deep Buffer ETF stock traded down $0.10 during trading on Friday, reaching $29.76. 234,729 shares of the company’s stock were exchanged, compared to its average volume of 284,620. The company has a market cap of $1.49 billion, a P/E ratio of 24.83 and a beta of 0.41. The firm’s 50-day moving average price is $29.63 and its 200 day moving average price is $28.87. FT Vest Laddered Deep Buffer ETF has a 1-year low of $26.64 and a 1-year high of $29.94.

Hedge Funds Weigh In On FT Vest Laddered Deep Buffer ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC bought a new stake in FT Vest Laddered Deep Buffer ETF in the fourth quarter worth about $36,000. MN Wealth Advisors LLC purchased a new stake in shares of FT Vest Laddered Deep Buffer ETF during the 4th quarter worth approximately $258,000. CoreCap Advisors LLC increased its stake in shares of FT Vest Laddered Deep Buffer ETF by 41.2% during the 2nd quarter. CoreCap Advisors LLC now owns 13,230 shares of the company’s stock worth $393,000 after purchasing an additional 3,860 shares during the last quarter. Prime Capital Investment Advisors LLC bought a new stake in shares of FT Vest Laddered Deep Buffer ETF in the 4th quarter worth approximately $376,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in FT Vest Laddered Deep Buffer ETF in the second quarter valued at approximately $463,000.

FT Vest Laddered Deep Buffer ETF Company Profile

The FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest U.S. Equity Deep Buffer ETFs. BUFD was launched on Jan 20, 2021 and is managed by First Trust.