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

FT Vest U.S. Equity Moderate Buffer ETF – August (BATS:GAUG) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 22,418 shares, an increase of 328.0% from the April 30th total of 5,238 shares. Based on an average daily trading volume, of 18,530 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.3% of the shares of the company are short sold.

FT Vest U.S. Equity Moderate Buffer ETF – August Stock Up 0.3%

FT Vest U.S. Equity Moderate Buffer ETF – August stock opened at $41.23 on Friday. FT Vest U.S. Equity Moderate Buffer ETF – August has a 52 week low of $35.67 and a 52 week high of $41.26. The company’s 50 day moving average price is $40.02 and its two-hundred day moving average price is $39.52. The stock has a market cap of $274.18 million, a P/E ratio of 24.96 and a beta of 0.50.

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

Several large investors have recently modified their holdings of the stock. Kestra Advisory Services LLC increased its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – August by 14.7% during the 1st 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 during the last quarter. Cetera Investment Advisers increased its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – August by 2.1% during the 1st quarter. Cetera Investment Advisers now owns 78,636 shares of the company’s stock worth $3,044,000 after purchasing an additional 1,605 shares during the last quarter. Independent Financial Group LLC purchased a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – August during the 1st quarter worth approximately $1,838,000. Brookstone Capital Management increased its stake in shares of 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 purchasing an additional 339 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its stake in shares of 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 purchasing an additional 14,493 shares during the last quarter.

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.