FT Vest U.S. Equity Moderate Buffer ETF – August (BATS:GAUG) Sees Large Growth in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – August (BATS:GAUG) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 22,418 shares, a growth of 328.0% from the April 30th total of 5,238 shares. Based on an average daily trading volume, of 18,530 shares, the short-interest ratio is presently 1.2 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Cetera Investment Advisers grew its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – August by 2.1% during the 1st quarter. Cetera Investment Advisers now owns 78,636 shares of the company’s stock valued at $3,044,000 after purchasing an additional 1,605 shares in the last quarter. Independent Financial Group LLC purchased a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – August during the 1st quarter valued at $1,838,000. Fifth Third Bancorp purchased a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – August during the 1st quarter valued at $54,000. Kestra Advisory Services LLC grew its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – August by 14.7% during the 1st quarter. Kestra Advisory Services LLC now owns 236,018 shares of the company’s stock valued at $9,136,000 after purchasing an additional 30,264 shares in the last quarter. Finally, Brookstone Capital Management grew its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – August by 0.8% during the 1st quarter. Brookstone Capital Management now owns 43,869 shares of the company’s stock valued at $1,698,000 after purchasing an additional 339 shares in the last quarter.

FT Vest U.S. Equity Moderate Buffer ETF – August Trading Up 0.3%

FT Vest U.S. Equity Moderate Buffer ETF – August stock opened at $41.23 on Friday. FT Vest U.S. Equity Moderate Buffer ETF – August has a 1-year low of $35.67 and a 1-year high of $41.26. The firm has a market capitalization of $274.18 million, a price-to-earnings ratio of 24.96 and a beta of 0.50. The firm has a 50 day simple moving average of $40.02 and a 200 day simple moving average of $39.52.

About FT Vest U.S. Equity Moderate Buffer ETF – August

The FT Vest U.S. Equity Moderate Buffer ETF – August (GAUG) is an exchange-traded fund that is based on the S&P 500 index. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a one-year period. The actively managed fund holds options and collateral. GAUG was launched on Aug 18, 2023 and is issued by First Trust.