FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Sees Significant Growth in Short Interest

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 112,052 shares, a growth of 75.7% from the June 15th total of 63,772 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 199,102 shares, the days-to-cover ratio is presently 0.6 days.

FT Vest U.S. Equity Buffer ETF – April Stock Down 0.3%

FAPR stock opened at $46.93 on Friday. The firm has a 50 day moving average of $46.53 and a two-hundred day moving average of $45.42. FT Vest U.S. Equity Buffer ETF – April has a 12 month low of $42.37 and a 12 month high of $47.09. The company has a market capitalization of $912.79 million, a price-to-earnings ratio of 24.36 and a beta of 0.60.

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

Large investors have recently bought and sold shares of the business. World Equity Group Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – April during the second quarter worth $509,000. Legacy Solutions LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – April in the second quarter worth about $338,000. CoreCap Advisors LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 1.5% during the 2nd quarter. CoreCap Advisors LLC now owns 16,708 shares of the company’s stock worth $781,000 after acquiring an additional 255 shares in the last quarter. Gateway Wealth Partners LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – April during the 1st quarter worth about $343,000. Finally, Assetmark Inc. increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 9.5% during the 1st quarter. Assetmark Inc. now owns 316,799 shares of the company’s stock valued at $14,226,000 after acquiring an additional 27,451 shares during the last quarter.

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

The FT Cboe Vest U.S. Equity Buffer ETF – April (FAPR) 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 the SPY over a specific holding period. The actively-managed fund holds options and collateral. FAPR was launched on Apr 16, 2021 and is managed by First Trust.