Short Interest in FT Vest U.S. Equity Deep Buffer ETF – August (BATS:DAUG) Decreases By 73.3%

FT Vest U.S. Equity Deep Buffer ETF – August (BATS:DAUG) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 3,226 shares, a drop of 73.3% from the May 31st total of 12,087 shares. Based on an average daily trading volume, of 5,575 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are short sold.

FT Vest U.S. Equity Deep Buffer ETF – August Price Performance

FT Vest U.S. Equity Deep Buffer ETF – August stock opened at $46.38 on Friday. FT Vest U.S. Equity Deep Buffer ETF – August has a 1 year low of $41.41 and a 1 year high of $46.80. The firm’s 50 day moving average price is $46.24 and its 200-day moving average price is $45.02. The stock has a market cap of $326.98 million, a P/E ratio of 24.79 and a beta of 0.45.

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

Institutional investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. lifted its stake in FT Vest U.S. Equity Deep Buffer ETF – August by 65.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 825 shares of the company’s stock worth $34,000 after purchasing an additional 325 shares in the last quarter. Royal Bank of Canada purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – August during the fourth quarter valued at about $49,000. Barclays PLC increased its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – August by 267.9% in the fourth quarter. Barclays PLC now owns 1,214 shares of the company’s stock worth $54,000 after purchasing an additional 884 shares during the last quarter. Fifth Third Bancorp bought a new stake in shares of FT Vest U.S. Equity Deep Buffer ETF – August in the first quarter worth about $55,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – August by 17.6% in the third quarter. JPMorgan Chase & Co. now owns 1,776 shares of the company’s stock worth $77,000 after purchasing an additional 266 shares during the last quarter.

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

The FT Cboe Vest U.S. Equity Deep Buffer ETF – August (DAUG) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY shares over a specific holdings period. The actively-managed fund holds options and collateral. DAUG was launched on Nov 6, 2019 and is managed by First Trust.