FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) Short Interest Up 90.9% in May

FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 36,584 shares, a growth of 90.9% from the May 14th total of 19,160 shares. Based on an average daily trading volume, of 22,447 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.7% of the shares of the company are sold short.

FT Vest Buffered Allocation Defensive ETF Price Performance

BATS:BUFT opened at $25.89 on Friday. The business has a fifty day simple moving average of $25.63 and a two-hundred day simple moving average of $25.00. FT Vest Buffered Allocation Defensive ETF has a 1 year low of $23.23 and a 1 year high of $26.09. The company has a market capitalization of $129.45 million, a P/E ratio of 24.87 and a beta of 0.35.

Hedge Funds Weigh In On FT Vest Buffered Allocation Defensive ETF

An institutional investor recently bought a new position in FT Vest Buffered Allocation Defensive ETF stock. Janney Montgomery Scott LLC purchased a new position in FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,291 shares of the company’s stock, valued at approximately $204,000. Janney Montgomery Scott LLC owned 0.17% of FT Vest Buffered Allocation Defensive ETF at the end of the most recent reporting period.

FT Vest Buffered Allocation Defensive ETF Company Profile

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