FT Vest U.S. Equity Moderate Buffer ETF – August (BATS:GAUG) Sees Large Decline in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – August (BATS:GAUG) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 4,978 shares, a drop of 47.0% from the June 15th total of 9,386 shares. Based on an average daily trading volume, of 16,049 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On FT Vest U.S. Equity Moderate Buffer ETF – August

Several large investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC increased its holdings in FT Vest U.S. Equity Moderate Buffer ETF – August by 14.7% in the first quarter. Kestra Advisory Services LLC now owns 236,018 shares of the company’s stock worth $9,136,000 after purchasing an additional 30,264 shares in the last quarter. Cetera Investment Advisers lifted its stake in FT Vest U.S. Equity Moderate Buffer ETF – August by 2.1% in the first quarter. Cetera Investment Advisers now owns 78,636 shares of the company’s stock valued at $3,044,000 after buying an additional 1,605 shares during the period. Independent Financial Group LLC bought a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – August during the 1st quarter worth approximately $1,838,000. Brookstone Capital Management raised its stake in FT Vest U.S. Equity Moderate Buffer ETF – August by 0.8% during the 1st quarter. Brookstone Capital Management now owns 43,869 shares of the company’s stock worth $1,698,000 after buying an additional 339 shares during the period. Finally, Sunbelt Securities Inc. raised its stake in FT Vest U.S. Equity Moderate Buffer ETF – August by 818.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 16,263 shares of the company’s stock worth $628,000 after buying an additional 14,493 shares during the period.

FT Vest U.S. Equity Moderate Buffer ETF – August Trading Up 0.1%

Shares of GAUG opened at $41.59 on Wednesday. The firm’s fifty day simple moving average is $41.18 and its two-hundred day simple moving average is $40.08. FT Vest U.S. Equity Moderate Buffer ETF – August has a 12 month low of $37.13 and a 12 month high of $41.68. The stock has a market capitalization of $276.57 million, a P/E ratio of 24.96 and a beta of 0.50.

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

The FT Vest U.S. Equity Moderate Buffer ETF – August (GAUG) 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 SPDR S&P 500 ETF Trust over a one-year period. The actively managed fund holds options and collateral. GAUG was launched on Aug 18, 2023 and is issued by First Trust.