FT Vest Nasdaq-100 Buffer ETF – June (BATS:QJUN) Sees Significant Increase in Short Interest

FT Vest Nasdaq-100 Buffer ETF – June (BATS:QJUN) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 23,684 shares, a growth of 2,706.2% from the April 30th total of 844 shares. Based on an average daily volume of 21,763 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.1% of the shares of the stock are sold short.

FT Vest Nasdaq-100 Buffer ETF – June Stock Performance

QJUN remained flat at $33.69 during trading on Wednesday. 89,047 shares of the company’s stock were exchanged, compared to its average volume of 25,316. The stock has a 50-day simple moving average of $32.63 and a two-hundred day simple moving average of $32.05. FT Vest Nasdaq-100 Buffer ETF – June has a twelve month low of $28.12 and a twelve month high of $33.70. The company has a market capitalization of $705.81 million, a P/E ratio of 34.34 and a beta of 0.73.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Parallel Advisors LLC purchased a new position in FT Vest Nasdaq-100 Buffer ETF – June in the 1st quarter worth approximately $78,000. Diversify Wealth Management LLC purchased a new position in FT Vest Nasdaq-100 Buffer ETF – June in the 1st quarter worth approximately $635,000. Kestra Advisory Services LLC lifted its stake in FT Vest Nasdaq-100 Buffer ETF – June by 36.6% in the 1st quarter. Kestra Advisory Services LLC now owns 302,251 shares of the company’s stock worth $9,444,000 after purchasing an additional 80,957 shares in the last quarter. Stephens Inc. AR lifted its stake in FT Vest Nasdaq-100 Buffer ETF – June by 93.8% in the 1st quarter. Stephens Inc. AR now owns 95,090 shares of the company’s stock worth $2,971,000 after purchasing an additional 46,019 shares in the last quarter. Finally, Silver Oak Securities Incorporated lifted its stake in FT Vest Nasdaq-100 Buffer ETF – June by 20.4% in the 1st quarter. Silver Oak Securities Incorporated now owns 26,664 shares of the company’s stock worth $833,000 after purchasing an additional 4,511 shares in the last quarter.

About FT Vest Nasdaq-100 Buffer ETF – June

The FT Cboe Vest Nasdaq-100 Buffer ETF – June (QJUN) is an exchange-traded fund that is based on the NASDAQ 100 – USD index. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively-managed fund holds options and collateral. QJUN was launched on Jun 18, 2021 and is managed by First Trust.