FT Vest Laddered Moderate Buffer ETF (BATS:BUFZ) Stock Short Interest Declines 35.0%

FT Vest Laddered Moderate Buffer ETF (BATS:BUFZ) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 108,230 shares, a decrease of 35.0% from the September 15th total of 166,437 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 159,454 shares, the days-to-cover ratio is currently 0.7 days.

FT Vest Laddered Moderate Buffer ETF Stock Down 0.5%

BUFZ opened at $28.63 on Friday. The company has a market cap of $595.50 million, a price-to-earnings ratio of 24.79 and a beta of 0.40. The firm’s fifty day simple moving average is $28.54 and its two-hundred day simple moving average is $27.94. FT Vest Laddered Moderate Buffer ETF has a 52-week low of $25.74 and a 52-week high of $29.37.

Institutional Trading of FT Vest Laddered Moderate Buffer ETF

Several large investors have recently bought and sold shares of BUFZ. Noble Wealth Management PBC acquired a new stake in shares of FT Vest Laddered Moderate Buffer ETF in the 2nd quarter worth $42,000. Royal Bank of Canada lifted its holdings in FT Vest Laddered Moderate Buffer ETF by 28.1% in the first quarter. Royal Bank of Canada now owns 4,453 shares of the company’s stock valued at $117,000 after acquiring an additional 977 shares during the last quarter. Silver Oak Securities Incorporated purchased a new stake in FT Vest Laddered Moderate Buffer ETF in the first quarter valued at $249,000. Arbor Trust Wealth Advisors LLC acquired a new stake in shares of FT Vest Laddered Moderate Buffer ETF during the 1st quarter worth about $261,000. Finally, Arlington Capital Management Inc. raised its holdings in FT Vest Laddered Moderate Buffer ETF by 5.9% in the 1st quarter. Arlington Capital Management Inc. now owns 10,228 shares of the company’s stock valued at $269,000 after buying an additional 568 shares during the period.

About FT Vest Laddered Moderate Buffer ETF

The FT Vest Laddered Moderate Buffer ETF (BUFZ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that invests in an equal-weighted portfolio of First Trusts twelve-monthly Equity Moderate Buffer ETFs. The underlying ETFs target specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust (ticker: SPY). BUFZ was launched on Oct 25, 2023 and is issued by First Trust.