FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Short Interest Down 51.6% in May

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 7,222 shares, a decline of 51.6% from the May 14th total of 14,916 shares. Based on an average daily trading volume, of 20,655 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – August

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – August by 403.1% during the third quarter. Envestnet Asset Management Inc. now owns 575,155 shares of the company’s stock worth $29,856,000 after purchasing an additional 460,825 shares during the last quarter. Raymond James Financial Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – August by 19.8% during the third quarter. Raymond James Financial Inc. now owns 333,023 shares of the company’s stock worth $17,287,000 after purchasing an additional 54,928 shares during the last quarter. Assetmark Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – August by 11.2% during the first quarter. Assetmark Inc. now owns 271,086 shares of the company’s stock worth $14,038,000 after purchasing an additional 27,228 shares during the last quarter. Wealthcare Advisory Partners LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – August by 4.3% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 220,086 shares of the company’s stock worth $11,654,000 after purchasing an additional 8,999 shares during the last quarter. Finally, MBL Wealth LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – August by 25.0% during the fourth quarter. MBL Wealth LLC now owns 162,525 shares of the company’s stock worth $8,606,000 after purchasing an additional 32,455 shares during the last quarter.

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

Shares of FAUG stock opened at $56.00 on Friday. The stock has a fifty day moving average price of $55.02 and a 200 day moving average price of $53.64. The stock has a market cap of $1.07 billion, a PE ratio of 24.22 and a beta of 0.63. FT Vest U.S. Equity Buffer ETF – August has a 1 year low of $47.59 and a 1 year high of $56.32.

About FT Vest U.S. Equity Buffer ETF – August

The FT Cboe Vest U.S. Equity Buffer ETF – August (FAUG) 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. FAUG was launched on Nov 6, 2019 and is managed by First Trust.