Short Interest in FT Vest U.S. Equity Deep Buffer ETF – April (BATS:DAPR) Declines By 76.2%

FT Vest U.S. Equity Deep Buffer ETF – April (BATS:DAPR) was the recipient of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 20,632 shares, a decline of 76.2% from the May 14th total of 86,856 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 9,922 shares, the days-to-cover ratio is presently 2.1 days.

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

DAPR opened at $40.55 on Wednesday. The company has a market capitalization of $270.87 million, a price-to-earnings ratio of 23.58 and a beta of 0.41. The firm’s fifty day moving average price is $40.31 and its two-hundred day moving average price is $39.72. FT Vest U.S. Equity Deep Buffer ETF – April has a 1 year low of $37.12 and a 1 year high of $41.05.

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

A number of hedge funds have recently bought and sold shares of the company. Sowell Financial Services LLC purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – April in the 4th quarter worth about $982,000. Triumph Capital Management purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – April in the 3rd quarter worth about $36,000. Clear Creek Financial Management LLC boosted its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – April by 12.5% in the 3rd quarter. Clear Creek Financial Management LLC now owns 23,559 shares of the company’s stock worth $910,000 after buying an additional 2,622 shares during the last quarter. Smartleaf Asset Management LLC purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – April in the 4th quarter worth about $49,000. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – April by 70.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,186 shares of the company’s stock worth $45,000 after buying an additional 491 shares during the last quarter.

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

The FT Cboe Vest U.S. Equity Deep Buffer ETF – April (DAPR) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPY shares over a specific holding period. The actively-managed fund holds options and collateral. DAPR was launched on Apr 16, 2021 and is managed by First Trust.