FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) Short Interest Down 41.8% in June

FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 21,274 shares, a decline of 41.8% from the May 31st total of 36,584 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 16,970 shares, the short-interest ratio is presently 1.3 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in FT Vest Buffered Allocation Defensive ETF stock. Janney Montgomery Scott LLC bought a new stake in FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 8,291 shares of the company’s stock, valued at approximately $204,000. Janney Montgomery Scott LLC owned approximately 0.17% of FT Vest Buffered Allocation Defensive ETF as of its most recent filing with the Securities and Exchange Commission.

FT Vest Buffered Allocation Defensive ETF Price Performance

Shares of BATS BUFT opened at $25.89 on Wednesday. FT Vest Buffered Allocation Defensive ETF has a 12-month low of $23.53 and a 12-month high of $26.09. The company has a market capitalization of $129.45 million, a PE ratio of 24.87 and a beta of 0.35. The firm’s 50-day moving average is $25.78 and its two-hundred day moving average is $25.12.

FT Vest Buffered Allocation Defensive ETF Company Profile

The FT Cboe Vest Buffered Allocation Defensive ETF (BUFT) 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. BUFT was launched on Oct 26, 2021 and is managed by First Trust.