FT Vest U.S. Equity Moderate Buffer ETF – October (BATS:GOCT) Sees Large Decline in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – October (BATS:GOCT) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 2,515 shares, a decline of 38.2% from the August 15th total of 4,067 shares. Based on an average daily volume of 12,259 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

FT Vest U.S. Equity Moderate Buffer ETF – October Stock Down 0.2%

Shares of GOCT opened at $42.40 on Wednesday. The firm has a 50-day moving average price of $42.09 and a 200 day moving average price of $40.96. The firm has a market capitalization of $264.15 million, a PE ratio of 24.43 and a beta of 0.35. FT Vest U.S. Equity Moderate Buffer ETF – October has a 52-week low of $37.88 and a 52-week high of $42.61.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. IFP Advisors Inc increased its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – October by 19.5% during the second quarter. IFP Advisors Inc now owns 11,388 shares of the company’s stock valued at $473,000 after acquiring an additional 1,857 shares during the period. Citadel Advisors LLC bought a new position in FT Vest U.S. Equity Moderate Buffer ETF – October during the 2nd quarter valued at $1,358,000. Schulz Wealth LTD. acquired a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – October during the 2nd quarter valued at $1,748,000. Ameritas Advisory Services LLC bought a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – October in the 2nd quarter worth $218,000. Finally, Cetera Investment Advisers raised its position in FT Vest U.S. Equity Moderate Buffer ETF – October by 1.2% in the first quarter. Cetera Investment Advisers now owns 156,085 shares of the company’s stock worth $6,029,000 after acquiring an additional 1,803 shares in the last quarter.

FT Vest U.S. Equity Moderate Buffer ETF – October Company Profile

The FT Vest U.S. Equity Moderate Buffer ETF – October (GOCT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GOCT was launched on Oct 20, 2023 and is issued by First Trust.