FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Short Interest Update

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 19,031 shares, a decrease of 70.9% from the April 30th total of 65,411 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 13,577 shares, the days-to-cover ratio is currently 1.4 days.

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

Several institutional investors and hedge funds have recently bought and sold shares of FOCT. Royal Bank of Canada raised its stake in FT Vest U.S. Equity Buffer ETF – October by 1.6% during the first quarter. Royal Bank of Canada now owns 73,512 shares of the company’s stock worth $3,051,000 after acquiring an additional 1,151 shares during the period. Jane Street Group LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – October during the first quarter worth about $682,000. First Trust Advisors LP raised its stake in FT Vest U.S. Equity Buffer ETF – October by 27.7% during the second quarter. First Trust Advisors LP now owns 13,970 shares of the company’s stock worth $625,000 after acquiring an additional 3,033 shares during the period. NewEdge Advisors LLC raised its stake in FT Vest U.S. Equity Buffer ETF – October by 8.1% during the second quarter. NewEdge Advisors LLC now owns 12,883 shares of the company’s stock worth $577,000 after acquiring an additional 964 shares during the period. Finally, Raymond James Financial Inc. raised its stake in FT Vest U.S. Equity Buffer ETF – October by 2.8% during the second quarter. Raymond James Financial Inc. now owns 603,284 shares of the company’s stock worth $27,009,000 after acquiring an additional 16,451 shares during the period.

FT Vest U.S. Equity Buffer ETF – October Stock Performance

Shares of FT Vest U.S. Equity Buffer ETF – October stock traded up $0.09 during trading on Friday, reaching $52.31. The company had a trading volume of 17,320 shares, compared to its average volume of 26,604. The company has a market cap of $1.00 billion, a price-to-earnings ratio of 24.45 and a beta of 0.62. FT Vest U.S. Equity Buffer ETF – October has a fifty-two week low of $42.88 and a fifty-two week high of $52.32. The firm’s fifty day moving average is $50.08 and its 200-day moving average is $49.34.

FT Vest U.S. Equity Buffer ETF – October Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – October (FOCT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FOCT was launched on Oct 16, 2020 and is managed by First Trust.