FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) Short Interest Up 674.4% in May

FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 24,230 shares, a growth of 674.4% from the May 14th total of 3,129 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 13,198 shares, the short-interest ratio is presently 1.8 days.

FT Vest U.S. Equity Buffer ETF – July Stock Performance

BATS:FJUL opened at $58.90 on Wednesday. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 24.56 and a beta of 0.63. FT Vest U.S. Equity Buffer ETF – July has a one year low of $49.68 and a one year high of $59.31. The stock has a 50-day simple moving average of $57.78 and a 200 day simple moving average of $56.53.

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

A number of hedge funds have recently added to or reduced their stakes in the business. Orion Porfolio Solutions LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – July by 3.3% in the fourth quarter. Orion Porfolio Solutions LLC now owns 6,318 shares of the company’s stock worth $353,000 after purchasing an additional 201 shares during the period. FSB Premier Wealth Management Inc. boosted its holdings in FT Vest U.S. Equity Buffer ETF – July by 2.6% in the fourth quarter. FSB Premier Wealth Management Inc. now owns 9,845 shares of the company’s stock worth $550,000 after purchasing an additional 250 shares during the period. Park Avenue Securities LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – July by 3.7% in the fourth quarter. Park Avenue Securities LLC now owns 8,142 shares of the company’s stock worth $455,000 after purchasing an additional 294 shares during the period. CoreCap Advisors LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – July by 2.4% in the fourth quarter. CoreCap Advisors LLC now owns 13,406 shares of the company’s stock valued at $750,000 after acquiring an additional 320 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – July by 11.9% in the fourth quarter. Farther Finance Advisors LLC now owns 5,559 shares of the company’s stock valued at $311,000 after acquiring an additional 590 shares during the period.

About FT Vest U.S. Equity Buffer ETF – July

The FT Cboe Vest U.S. Equity Buffer ETF – July (FJUL) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FJUL was launched on Jul 17, 2020 and is managed by First Trust.