Short Interest in FT Vest Buffered Allocation Growth ETF (BATS:BUFG) Rises By 89.1%

FT Vest Buffered Allocation Growth ETF (BATS:BUFG) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 21,444 shares, an increase of 89.1% from the April 30th total of 11,341 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 28,540 shares, the short-interest ratio is presently 0.8 days.

FT Vest Buffered Allocation Growth ETF Stock Up 0.0%

FT Vest Buffered Allocation Growth ETF stock opened at $29.37 on Wednesday. FT Vest Buffered Allocation Growth ETF has a 12-month low of $24.74 and a 12-month high of $29.50. The stock has a market cap of $308.39 million, a price-to-earnings ratio of 25.02 and a beta of 0.69. The business’s 50-day simple moving average is $28.19 and its 200 day simple moving average is $27.75.

Institutional Investors Weigh In On FT Vest Buffered Allocation Growth ETF

Several institutional investors have recently modified their holdings of BUFG. Arkadios Wealth Advisors grew its position in shares of FT Vest Buffered Allocation Growth ETF by 497.7% during the 4th quarter. Arkadios Wealth Advisors now owns 72,711 shares of the company’s stock worth $2,001,000 after buying an additional 60,545 shares during the period. Farther Finance Advisors LLC acquired a new stake in shares of FT Vest Buffered Allocation Growth ETF during the 4th quarter worth approximately $525,000. Transcend Capital Advisors LLC grew its position in shares of FT Vest Buffered Allocation Growth ETF by 11.5% during the 4th quarter. Transcend Capital Advisors LLC now owns 107,990 shares of the company’s stock worth $2,972,000 after buying an additional 11,132 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of FT Vest Buffered Allocation Growth ETF during the 3rd quarter worth approximately $101,000. Finally, Janney Montgomery Scott LLC grew its position in shares of FT Vest Buffered Allocation Growth ETF by 34.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 13,430 shares of the company’s stock worth $370,000 after buying an additional 3,408 shares during the period.

FT Vest Buffered Allocation Growth ETF Company Profile

The FT Cboe Vest Buffered Allocation Growth ETF (BUFG) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund is an actively-managed fund-of-funds that allocates exposure to defined outcome buffer ETFs referencing the SPY. BUFG was launched on Oct 26, 2021 and is managed by First Trust.