FT Vest U.S. Equity Moderate Buffer ETF – April (BATS:GAPR) Sees Large Decline in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – April (BATS:GAPR) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 38,226 shares, a decrease of 35.5% from the July 30th total of 59,221 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily volume of 7,156 shares, the days-to-cover ratio is currently 5.3 days.

FT Vest U.S. Equity Moderate Buffer ETF – April Trading Up 0.3%

Shares of GAPR opened at $42.46 on Thursday. The firm has a market cap of $251.79 million, a P/E ratio of 23.64 and a beta of 0.38. FT Vest U.S. Equity Moderate Buffer ETF – April has a 12 month low of $38.88 and a 12 month high of $42.59. The stock’s 50 day moving average is $42.01 and its two-hundred day moving average is $41.24.

Institutional Investors Weigh In On FT Vest U.S. Equity Moderate Buffer ETF – April

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Citadel Advisors LLC raised its position in FT Vest U.S. Equity Moderate Buffer ETF – April by 10.7% during the second quarter. Citadel Advisors LLC now owns 22,912 shares of the company’s stock worth $955,000 after acquiring an additional 2,208 shares during the period. Schulz Wealth LTD. acquired a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – April in the second quarter valued at about $5,245,000. Ameritas Advisory Services LLC purchased a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – April during the second quarter worth about $445,000. Concurrent Investment Advisors LLC increased its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – April by 60.7% during the second quarter. Concurrent Investment Advisors LLC now owns 312,203 shares of the company’s stock worth $13,011,000 after purchasing an additional 117,965 shares in the last quarter. Finally, Integrity Financial Corp WA raised its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – April by 10.9% during the 2nd quarter. Integrity Financial Corp WA now owns 4,431 shares of the company’s stock worth $185,000 after purchasing an additional 437 shares during the last quarter.

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

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – April (GAPR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GAPR was launched on Apr 21, 2023 and is managed by First Trust.