Short Interest in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Declines By 83.7%

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 9,132 shares, a decline of 83.7% from the July 30th total of 56,019 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 15,836 shares, the short-interest ratio is currently 0.6 days.

FT Vest U.S. Equity Buffer ETF – August Trading Up 0.4%

FAUG stock traded up $0.23 during midday trading on Thursday, hitting $57.86. The company had a trading volume of 15,503 shares, compared to its average volume of 41,492. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 24.22 and a beta of 0.63. FT Vest U.S. Equity Buffer ETF – August has a 52 week low of $50.32 and a 52 week high of $57.86. The stock’s 50 day moving average price is $56.88 and its 200 day moving average price is $55.07.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – August

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Schulz Wealth LTD. purchased a new stake in FT Vest U.S. Equity Buffer ETF – August during the 2nd quarter valued at $353,000. Ameritas Advisory Services LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 176.4% in the second quarter. Ameritas Advisory Services LLC now owns 44,969 shares of the company’s stock worth $2,541,000 after purchasing an additional 28,702 shares during the last quarter. NI Acquisitions Company LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the second quarter worth about $226,000. Timbuktu Capital Management LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – August during the 2nd quarter valued at about $57,000. Finally, Concurrent Investment Advisors LLC raised its position in FT Vest U.S. Equity Buffer ETF – August by 4.8% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 12,787 shares of the company’s stock valued at $723,000 after purchasing an additional 587 shares during the last quarter.

FT Vest U.S. Equity Buffer ETF – August Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – August (FAUG) 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. FAUG was launched on Nov 6, 2019 and is managed by First Trust.