FT Vest Buffered Allocation Growth ETF (BATS:BUFG) Short Interest Down 63.9% in June

FT Vest Buffered Allocation Growth ETF (BATS:BUFG) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 13,057 shares, a decrease of 63.9% from the June 15th total of 36,162 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 36,465 shares, the days-to-cover ratio is currently 0.4 days.

FT Vest Buffered Allocation Growth ETF Stock Performance

Shares of BATS BUFG opened at $29.51 on Monday. FT Vest Buffered Allocation Growth ETF has a 52 week low of $25.62 and a 52 week high of $29.56. The stock has a market capitalization of $309.86 million, a P/E ratio of 25.02 and a beta of 0.69. The stock’s fifty day moving average is $29.13 and its 200 day moving average is $28.16.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. bought a new stake in shares of FT Vest Buffered Allocation Growth ETF during the 3rd quarter valued at approximately $101,000. Janney Montgomery Scott LLC increased its holdings in FT Vest Buffered Allocation Growth ETF by 34.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 13,430 shares of the company’s stock valued at $370,000 after purchasing an additional 3,408 shares during the period. American Trust raised its position in shares of FT Vest Buffered Allocation Growth ETF by 2.4% during the fourth quarter. American Trust now owns 18,942 shares of the company’s stock worth $521,000 after acquiring an additional 448 shares during the last quarter. Farther Finance Advisors LLC bought a new position in FT Vest Buffered Allocation Growth ETF during the 4th quarter worth approximately $525,000. Finally, Jaffetilchin Investment Partners LLC raised its stake in FT Vest Buffered Allocation Growth ETF by 1.1% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 33,485 shares of the company’s stock worth $922,000 after buying an additional 365 shares during the last quarter.

About FT Vest Buffered Allocation Growth ETF

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