FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) Sees Significant Decline in Short Interest

FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) saw a large drop in short interest in April. As of April 30th, there was short interest totaling 1,414 shares, a drop of 95.0% from the April 15th total of 28,149 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 15,534 shares, the short-interest ratio is currently 0.1 days.

FT Vest U.S. Equity Buffer ETF – July Trading Up 0.1%

FJUL stock traded up $0.04 during midday trading on Monday, reaching $58.58. The stock had a trading volume of 16,402 shares, compared to its average volume of 35,240. The company’s fifty day simple moving average is $56.24 and its 200 day simple moving average is $55.90. The company has a market cap of $1.17 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 52-week low of $48.61 and a 52-week high of $58.66.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. lifted its holdings in FT Vest U.S. Equity Buffer ETF – July by 156.0% in the 2nd quarter. Raymond James Financial Inc. now owns 1,808,552 shares of the company’s stock valued at $93,574,000 after purchasing an additional 1,102,124 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in FT Vest U.S. Equity Buffer ETF – July by 437.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 720,413 shares of the company’s stock valued at $39,428,000 after purchasing an additional 586,368 shares in the last quarter. Ferguson Shapiro LLC raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – July by 0.7% during the 3rd quarter. Ferguson Shapiro LLC now owns 400,944 shares of the company’s stock worth $21,944,000 after acquiring an additional 2,901 shares during the period. Assetmark Inc. raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – July by 10.5% during the 1st quarter. Assetmark Inc. now owns 255,851 shares of the company’s stock worth $14,000,000 after acquiring an additional 24,256 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – July by 35.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 236,107 shares of the company’s stock worth $12,922,000 after acquiring an additional 61,629 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.