Short Interest in FT Vest Gold Strategy Quarterly Buffer ETF (BATS:BGLD) Increases By 71.6%

FT Vest Gold Strategy Quarterly Buffer ETF (BATS:BGLD) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 22,599 shares, a growth of 71.6% from the May 14th total of 13,168 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 23,414 shares, the short-interest ratio is presently 1.0 days.

FT Vest Gold Strategy Quarterly Buffer ETF Stock Performance

Shares of BATS:BGLD opened at $16.67 on Monday. The company has a fifty day moving average of $17.22 and a 200-day moving average of $18.74. FT Vest Gold Strategy Quarterly Buffer ETF has a 52-week low of $16.34 and a 52-week high of $25.34.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BGLD. Split Rock Private Trading & Wealth Management LLC acquired a new position in shares of FT Vest Gold Strategy Quarterly Buffer ETF during the fourth quarter worth $741,000. Cetera Investment Advisers grew its stake in shares of FT Vest Gold Strategy Quarterly Buffer ETF by 39.9% in the first quarter. Cetera Investment Advisers now owns 137,825 shares of the company’s stock worth $2,362,000 after purchasing an additional 39,297 shares during the last quarter. Arlington Capital Management Inc. grew its stake in shares of FT Vest Gold Strategy Quarterly Buffer ETF by 40.4% in the fourth quarter. Arlington Capital Management Inc. now owns 135,494 shares of the company’s stock worth $2,318,000 after purchasing an additional 38,994 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of FT Vest Gold Strategy Quarterly Buffer ETF in the first quarter worth $696,000. Finally, MML Investors Services LLC grew its stake in shares of FT Vest Gold Strategy Quarterly Buffer ETF by 73.7% in the fourth quarter. MML Investors Services LLC now owns 72,507 shares of the company’s stock worth $1,241,000 after purchasing an additional 30,756 shares during the last quarter.

FT Vest Gold Strategy Quarterly Buffer ETF Company Profile

The FT Cboe Vest Gold Tactical Buffer ETF (BGLD) is an exchange-traded fund that is based on the SPDR Gold Trust index. The fund aims for specific buffered losses and capped gains on SPDR Gold Trust ETF over a specific holdings period. The fund invests in US treasury bills, cash-like instruments and FLEX options through a wholly-owned subsidiary. BGLD was launched on Jan 20, 2021 and is managed by First Trust.