FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Sees Large Drop in Short Interest

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 4,496 shares, a decrease of 87.3% from the April 30th total of 35,533 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 14,923 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – January

Hedge funds have recently bought and sold shares of the business. MAI Capital Management bought a new position in FT Vest U.S. Equity Buffer ETF – January during the third quarter worth about $46,000. Geneos Wealth Management Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – January during the first quarter worth about $48,000. Triumph Capital Management bought a new position in FT Vest U.S. Equity Buffer ETF – January during the third quarter worth about $150,000. Valtinson Bruner Financial Planning LLC bought a new position in FT Vest U.S. Equity Buffer ETF – January during the fourth quarter worth about $204,000. Finally, First National Bank of Omaha bought a new position in FT Vest U.S. Equity Buffer ETF – January during the fourth quarter worth about $207,000.

FT Vest U.S. Equity Buffer ETF – January Stock Up 0.1%

Shares of FJAN traded up $0.08 during trading hours on Friday, hitting $55.19. The company had a trading volume of 11,670 shares, compared to its average volume of 68,217. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 24.79 and a beta of 0.57. The business has a fifty day moving average of $52.88 and a 200-day moving average of $52.04. FT Vest U.S. Equity Buffer ETF – January has a 12 month low of $45.68 and a 12 month high of $55.22.

About FT Vest U.S. Equity Buffer ETF – January

The FT Cboe Vest U.S. Equity Buffer ETF – January (FJAN) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FJAN was launched on Jan 15, 2021 and is managed by First Trust.