FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Sees Significant Growth in Short Interest

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 112,052 shares, a growth of 75.7% from the June 15th total of 63,772 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 199,102 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – April by 33.8% during the second quarter. NewEdge Advisors LLC now owns 39,666 shares of the company’s stock valued at $1,674,000 after buying an additional 10,011 shares during the period. Main Street Financial Solutions LLC increased its stake in FT Vest U.S. Equity Buffer ETF – April by 40.9% in the 2nd quarter. Main Street Financial Solutions LLC now owns 18,487 shares of the company’s stock worth $780,000 after acquiring an additional 5,369 shares during the last quarter. Raymond James Financial Inc. increased its stake in FT Vest U.S. Equity Buffer ETF – April by 6.8% in the 2nd quarter. Raymond James Financial Inc. now owns 258,097 shares of the company’s stock worth $10,889,000 after acquiring an additional 16,543 shares during the last quarter. Jane Street Group LLC bought a new position in FT Vest U.S. Equity Buffer ETF – April in the 2nd quarter worth about $655,000. Finally, Modern Wealth Management LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – April in the 2nd quarter valued at about $397,000.

FT Vest U.S. Equity Buffer ETF – April Trading Down 0.5%

BATS FAPR opened at $46.71 on Friday. FT Vest U.S. Equity Buffer ETF – April has a 12 month low of $42.39 and a 12 month high of $47.09. The firm has a market capitalization of $908.51 million, a PE ratio of 24.36 and a beta of 0.60. The business’s 50-day moving average price is $46.54 and its two-hundred day moving average price is $45.43.

About FT Vest U.S. Equity Buffer ETF – April

The FT Cboe Vest U.S. Equity Buffer ETF – April (FAPR) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPY over a specific holding period. The actively-managed fund holds options and collateral. FAPR was launched on Apr 16, 2021 and is managed by First Trust.