FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June (BATS:XJUN) Short Interest Up 668.4% in May

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June (BATS:XJUN) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,687 shares, an increase of 668.4% from the April 30th total of 610 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 2,779 shares, the short-interest ratio is presently 1.7 days.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June Price Performance

Shares of XJUN stock opened at $44.26 on Thursday. The company has a market cap of $171.73 million, a price-to-earnings ratio of 24.99 and a beta of 0.36. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June has a 1 year low of $39.71 and a 1 year high of $44.29. The firm has a fifty day moving average price of $43.68 and a 200-day moving average price of $43.19.

Institutional Investors Weigh In On FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June

Hedge funds and other institutional investors have recently modified their holdings of the stock. LexAurum Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June in the 3rd quarter worth $525,000. IMC Chicago LLC purchased a new stake in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June in the 3rd quarter worth $711,000. Foguth Wealth Management LLC. purchased a new stake in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June in the 4th quarter worth $508,000. SageGuard Financial Group LLC purchased a new stake in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June in the 4th quarter worth $547,000. Finally, Legacy Edge Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June in the 4th quarter worth $7,047,000.

About FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June

The FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF – June (XJUN) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a specific holdings period. The actively managed fund holds options and collateral. XJUN was launched on Jul 12, 2021 and is managed by First Trust.