Short Interest in FT Vest Laddered Buffer ETF (BATS:BUFR) Expands By 163.8%

FT Vest Laddered Buffer ETF (BATS:BUFR) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 596,766 shares, a growth of 163.8% from the June 30th total of 226,261 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 1,155,353 shares, the short-interest ratio is presently 0.5 days.

FT Vest Laddered Buffer ETF Stock Performance

Shares of BUFR opened at $36.48 on Monday. FT Vest Laddered Buffer ETF has a twelve month low of $31.93 and a twelve month high of $37.26. The firm’s fifty day simple moving average is $36.43 and its 200-day simple moving average is $35.28. The firm has a market capitalization of $7.88 billion, a price-to-earnings ratio of 24.43 and a beta of 0.61.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BUFR. Captrust Financial Advisors lifted its stake in shares of FT Vest Laddered Buffer ETF by 10.2% during the second quarter. Captrust Financial Advisors now owns 41,950 shares of the company’s stock valued at $1,334,000 after buying an additional 3,899 shares during the period. FSB Premier Wealth Management Inc. increased its stake in shares of FT Vest Laddered Buffer ETF by 1.6% in the second quarter. FSB Premier Wealth Management Inc. now owns 27,834 shares of the company’s stock worth $885,000 after buying an additional 446 shares during the last quarter. Ameriprise Financial Inc. bought a new position in shares of FT Vest Laddered Buffer ETF during the third quarter worth about $261,000. Wiser Advisor Group LLC acquired a new position in shares of FT Vest Laddered Buffer ETF in the 3rd quarter worth approximately $697,000. Finally, NewEdge Advisors LLC raised its holdings in shares of FT Vest Laddered Buffer ETF by 1.9% during the third quarter. NewEdge Advisors LLC now owns 2,542,145 shares of the company’s stock worth $84,958,000 after purchasing an additional 47,059 shares during the period.

About FT Vest Laddered Buffer ETF

The First Trust Cboe Vest Fund of Buffer ETFs (BUFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds which holds a laddered portfolio of FT Cboe Vest U.S. Equity Buffer ETFs. BUFR was launched on Aug 10, 2020 and is managed by First Trust.