FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) Sees Significant Decrease in Short Interest

FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 22,816 shares, a decline of 53.5% from the August 15th total of 49,093 shares. Based on an average daily volume of 18,645 shares, the short-interest ratio is presently 1.2 days. Approximately 0.5% of the company’s stock are sold short.

Institutional Investors Weigh In On FT Vest Buffered Allocation Defensive ETF

A hedge fund recently raised its stake in FT Vest Buffered Allocation Defensive ETF stock. Arkadios Wealth Advisors boosted its holdings in FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) by 100.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 158,415 shares of the company’s stock after purchasing an additional 79,226 shares during the quarter. Arkadios Wealth Advisors owned about 3.17% of FT Vest Buffered Allocation Defensive ETF worth $3,930,000 at the end of the most recent quarter.

FT Vest Buffered Allocation Defensive ETF Price Performance

BUFT stock opened at $26.36 on Monday. The company’s 50-day moving average is $26.16 and its 200-day moving average is $25.68. The stock has a market capitalization of $131.80 million, a PE ratio of 24.87 and a beta of 0.35. FT Vest Buffered Allocation Defensive ETF has a 1 year low of $24.05 and a 1 year high of $26.59.

FT Vest Buffered Allocation Defensive ETF Company Profile

The FT Cboe Vest Buffered Allocation Defensive ETF (BUFT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund is an actively-managed fund-of-funds that allocates exposure to defined outcome buffer ETFs referencing the SPY. BUFT was launched on Oct 26, 2021 and is managed by First Trust.