FT Vest U.S. Equity Deep Buffer ETF – January (BATS:DJAN) Stock Short Interest Jumps 313.1%

FT Vest U.S. Equity Deep Buffer ETF – January (BATS:DJAN) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 13,962 shares, an increase of 313.1% from the August 31st total of 3,380 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 17,404 shares, the short-interest ratio is currently 0.8 days.

FT Vest U.S. Equity Deep Buffer ETF – January Trading Up 0.3%

Shares of DJAN stock opened at $46.79 on Friday. The firm has a fifty day moving average price of $46.26 and a 200 day moving average price of $45.12. The company has a market cap of $423.45 million, a P/E ratio of 24.94 and a beta of 0.38. FT Vest U.S. Equity Deep Buffer ETF – January has a 12 month low of $41.79 and a 12 month high of $46.85.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DJAN. Beacon Financial Group raised its holdings in FT Vest U.S. Equity Deep Buffer ETF – January by 1.1% during the first quarter. Beacon Financial Group now owns 68,730 shares of the company’s stock worth $2,923,000 after purchasing an additional 749 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in FT Vest U.S. Equity Deep Buffer ETF – January by 97.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 33,573 shares of the company’s stock worth $1,428,000 after acquiring an additional 16,539 shares in the last quarter. Arkadios Wealth Advisors raised its stake in FT Vest U.S. Equity Deep Buffer ETF – January by 9.4% during the 1st quarter. Arkadios Wealth Advisors now owns 14,089 shares of the company’s stock worth $599,000 after acquiring an additional 1,209 shares in the last quarter. Cottage Street Advisors LLC lifted its position in FT Vest U.S. Equity Deep Buffer ETF – January by 71.6% in the first quarter. Cottage Street Advisors LLC now owns 11,624 shares of the company’s stock valued at $494,000 after acquiring an additional 4,852 shares during the last quarter. Finally, Vicus Capital purchased a new stake in FT Vest U.S. Equity Deep Buffer ETF – January in the first quarter valued at $468,000.

About FT Vest U.S. Equity Deep Buffer ETF – January

The FT Cboe Vest U.S. Equity Deep Buffer ETF – January (DJAN) 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 SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. DJAN was launched on Jan 15, 2021 and is managed by First Trust.