Short Interest in FT Vest U.S. Equity Deep Buffer ETF – August (BATS:DAUG) Increases By 342.3%

FT Vest U.S. Equity Deep Buffer ETF – August (BATS:DAUG) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 14,267 shares, an increase of 342.3% from the June 15th total of 3,226 shares. Based on an average trading volume of 7,753 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.2% of the company’s shares are sold short.

FT Vest U.S. Equity Deep Buffer ETF – August Stock Up 0.2%

Shares of DAUG stock traded up $0.08 during mid-day trading on Friday, hitting $47.07. 6,003 shares of the company’s stock were exchanged, compared to its average volume of 9,845. The stock has a market cap of $331.84 million, a price-to-earnings ratio of 24.79 and a beta of 0.45. FT Vest U.S. Equity Deep Buffer ETF – August has a fifty-two week low of $41.78 and a fifty-two week high of $47.07. The stock has a 50-day simple moving average of $46.51 and a two-hundred day simple moving average of $45.21.

Hedge Funds Weigh In On FT Vest U.S. Equity Deep Buffer ETF – August

A number of hedge funds have recently made changes to their positions in the stock. Sowell Financial Services LLC purchased a new stake in FT Vest U.S. Equity Deep Buffer ETF – August during the fourth quarter valued at about $990,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – August in the 4th quarter worth about $696,000. Foguth Wealth Management LLC. acquired a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – August in the 4th quarter valued at about $1,531,000. Founders Financial Securities LLC grew its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – August by 19.7% during the 1st quarter. Founders Financial Securities LLC now owns 73,947 shares of the company’s stock worth $3,306,000 after purchasing an additional 12,189 shares during the period. Finally, Strategic Blueprint LLC increased its position in FT Vest U.S. Equity Deep Buffer ETF – August by 4.3% during the 4th quarter. Strategic Blueprint LLC now owns 18,227 shares of the company’s stock worth $808,000 after purchasing an additional 745 shares in the last quarter.

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

The FT Cboe Vest U.S. Equity Deep Buffer ETF – August (DAUG) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY shares over a specific holdings period. The actively-managed fund holds options and collateral. DAUG was launched on Nov 6, 2019 and is managed by First Trust.