FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Sees Significant Growth in Short Interest

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

Hedge Funds Weigh In On FT Vest Laddered Deep Buffer ETF

Several hedge funds have recently added to or reduced their stakes in BUFD. Thurston Springer Miller Herd & Titak Inc. bought a new position in FT Vest Laddered Deep Buffer ETF during the second quarter worth about $463,000. CoreCap Advisors LLC increased its stake in shares of FT Vest Laddered Deep Buffer ETF by 41.2% in the 2nd quarter. CoreCap Advisors LLC now owns 13,230 shares of the company’s stock valued at $393,000 after acquiring an additional 3,860 shares during the last quarter. Arkadios Wealth Advisors raised its position in shares of FT Vest Laddered Deep Buffer ETF by 13.8% in the 1st quarter. Arkadios Wealth Advisors now owns 57,321 shares of the company’s stock valued at $1,605,000 after acquiring an additional 6,945 shares during the period. Janney Montgomery Scott LLC raised its position in shares of FT Vest Laddered Deep Buffer ETF by 10.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 28,549 shares of the company’s stock valued at $799,000 after acquiring an additional 2,680 shares during the period. Finally, Advisory Services Network LLC raised its position in shares of FT Vest Laddered Deep Buffer ETF by 0.7% in the 4th quarter. Advisory Services Network LLC now owns 181,903 shares of the company’s stock valued at $5,137,000 after acquiring an additional 1,224 shares during the period.

FT Vest Laddered Deep Buffer ETF Stock Down 0.3%

FT Vest Laddered Deep Buffer ETF stock opened at $29.76 on Friday. FT Vest Laddered Deep Buffer ETF has a 12 month low of $26.64 and a 12 month high of $29.94. The stock has a market cap of $1.49 billion, a P/E ratio of 24.83 and a beta of 0.41. The company’s fifty day simple moving average is $29.63 and its 200-day simple moving average is $28.87.

About FT Vest Laddered Deep Buffer ETF

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.