FT Vest U.S. Equity Deep Buffer ETF – June (BATS:DJUN) Short Interest Up 87.4% in May

FT Vest U.S. Equity Deep Buffer ETF – June (BATS:DJUN) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 49,713 shares, an increase of 87.4% from the May 14th total of 26,523 shares. Based on an average trading volume of 8,476 shares, the short-interest ratio is currently 5.9 days. Approximately 0.7% of the company’s shares are short sold.

FT Vest U.S. Equity Deep Buffer ETF – June Stock Performance

BATS DJUN opened at $49.18 on Monday. The firm has a 50 day simple moving average of $48.68 and a 200-day simple moving average of $47.83. FT Vest U.S. Equity Deep Buffer ETF – June has a one year low of $44.14 and a one year high of $49.22. The firm has a market cap of $346.72 million, a price-to-earnings ratio of 23.63 and a beta of 0.43.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in DJUN. Cetera Investment Advisers boosted its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – June by 114.6% in the first quarter. Cetera Investment Advisers now owns 154,776 shares of the company’s stock valued at $7,280,000 after purchasing an additional 82,654 shares during the period. VestGen Advisors LLC purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – June in the fourth quarter valued at approximately $3,084,000. Raymond James Financial Inc. boosted its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – June by 118.9% in the third quarter. Raymond James Financial Inc. now owns 117,466 shares of the company’s stock valued at $5,462,000 after purchasing an additional 63,814 shares during the period. Kestra Advisory Services LLC boosted its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – June by 9.0% in the first quarter. Kestra Advisory Services LLC now owns 242,623 shares of the company’s stock valued at $11,413,000 after purchasing an additional 20,102 shares during the period. Finally, Diversify Wealth Management LLC purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – June in the first quarter valued at approximately $827,000.

FT Vest U.S. Equity Deep Buffer ETF – June Company Profile

The FT Cboe Vest U.S. Equity Deep Buffer ETF – June (DJUN) is an exchange-traded fund that is based on the S&P 500 index. 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. DJUN was launched on Jun 19, 2020 and is managed by First Trust.