FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Short Interest Up 75.7% in May

FT Vest Laddered Deep Buffer ETF (BATS:BUFD) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 107,238 shares, an increase of 75.7% from the May 14th total of 61,021 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 286,193 shares, the short-interest ratio is presently 0.4 days.

FT Vest Laddered Deep Buffer ETF Stock Performance

Shares of BATS:BUFD opened at $29.57 on Monday. The firm has a fifty day moving average price of $29.20 and a 200 day moving average price of $28.59. FT Vest Laddered Deep Buffer ETF has a fifty-two week low of $25.82 and a fifty-two week high of $29.73. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 24.83 and a beta of 0.41.

Hedge Funds Weigh In On FT Vest Laddered Deep Buffer ETF

Several institutional investors have recently bought and sold shares of BUFD. Parallel Advisors LLC bought a new position in FT Vest Laddered Deep Buffer ETF during the fourth quarter valued at $36,000. MN Wealth Advisors LLC bought a new position in FT Vest Laddered Deep Buffer ETF during the fourth quarter valued at $258,000. Prime Capital Investment Advisors LLC bought a new position in FT Vest Laddered Deep Buffer ETF during the fourth quarter valued at $376,000. CoreCap Advisors LLC lifted its position in FT Vest Laddered Deep Buffer ETF by 34.8% during the fourth quarter. CoreCap Advisors LLC now owns 16,066 shares of the company’s stock valued at $454,000 after purchasing an additional 4,147 shares during the last quarter. Finally, Private Trust Co. NA lifted its position in FT Vest Laddered Deep Buffer ETF by 26.0% during the fourth quarter. Private Trust Co. NA now owns 17,181 shares of the company’s stock valued at $485,000 after purchasing an additional 3,549 shares during the last quarter.

FT Vest Laddered Deep Buffer ETF Company Profile

The FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest U.S. Equity Deep Buffer ETFs. BUFD was launched on Jan 20, 2021 and is managed by First Trust.