FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October (BATS:XOCT) Short Interest Up 779.7% in June

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October (BATS:XOCT) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 23,461 shares, a growth of 779.7% from the June 15th total of 2,667 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 182,948 shares, the days-to-cover ratio is currently 0.1 days.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October Price Performance

Shares of XOCT opened at $39.69 on Friday. The company has a market cap of $127.01 million, a P/E ratio of 24.42 and a beta of 0.26. The stock has a fifty day moving average price of $39.30 and a 200 day moving average price of $38.37. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October has a 12 month low of $35.82 and a 12 month high of $39.79.

Institutional Investors Weigh In On FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October

An institutional investor recently raised its position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October stock. Kestra Advisory Services LLC raised its holdings in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October (BATS:XOCT) by 4.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 71,719 shares of the company’s stock after acquiring an additional 2,944 shares during the quarter. Kestra Advisory Services LLC owned approximately 2.24% of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October worth $2,673,000 at the end of the most recent reporting period.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October Company Profile

The FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October (XOCT) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a specific holdings period. The actively managed fund holds options and collateral. XOCT was launched on Oct 20, 2023 and is issued by First Trust.