FT Vest Laddered Buffer ETF (BATS:BUFR) Sees Large Decline in Short Interest

FT Vest Laddered Buffer ETF (BATS:BUFR) was the target of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 176,766 shares, a decline of 72.9% from the October 15th total of 653,474 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,345,945 shares, the short-interest ratio is presently 0.1 days.

FT Vest Laddered Buffer ETF Price Performance

Shares of BATS:BUFR opened at $37.50 on Friday. The business’s 50 day simple moving average is $37.55 and its 200 day simple moving average is $36.17. FT Vest Laddered Buffer ETF has a 1 year low of $33.03 and a 1 year high of $37.95. The company has a market capitalization of $10.99 billion, a P/E ratio of 24.43 and a beta of 0.61.

Institutional Trading of FT Vest Laddered Buffer ETF

Large investors have recently modified their holdings of the stock. Legacy Financial Group LLC increased its position in shares of FT Vest Laddered Buffer ETF by 6.7% in the third quarter. Legacy Financial Group LLC now owns 1,149,352 shares of the company’s stock worth $43,066,000 after purchasing an additional 71,952 shares during the period. Prime Capital Investment Advisors LLC grew its stake in FT Vest Laddered Buffer ETF by 34.3% during the third quarter. Prime Capital Investment Advisors LLC now owns 809,364 shares of the company’s stock worth $30,327,000 after buying an additional 206,732 shares in the last quarter. Holos Integrated Wealth LLC grew its stake in FT Vest Laddered Buffer ETF by 5.0% during the third quarter. Holos Integrated Wealth LLC now owns 641,174 shares of the company’s stock worth $24,166,000 after buying an additional 30,798 shares in the last quarter. Symphony Financial Services Inc. grew its stake in FT Vest Laddered Buffer ETF by 5.5% during the first quarter. Symphony Financial Services Inc. now owns 491,555 shares of the company’s stock worth $16,600,000 after buying an additional 25,733 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in FT Vest Laddered Buffer ETF by 99.3% in the 1st quarter. Arkadios Wealth Advisors now owns 415,315 shares of the company’s stock valued at $14,025,000 after buying an additional 206,911 shares during the period.

FT Vest Laddered Buffer ETF Company Profile

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.