FT Vest U.S. Equity Deep Buffer ETF – April (BATS:DAPR) Sees Significant Decline in Short Interest

FT Vest U.S. Equity Deep Buffer ETF – April (BATS:DAPR) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 20,632 shares, a decline of 76.2% from the May 14th total of 86,856 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 9,922 shares, the days-to-cover ratio is presently 2.1 days.

Institutional Trading of FT Vest U.S. Equity Deep Buffer ETF – April

Several large investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC acquired a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – April in the 3rd quarter valued at about $29,000. Triumph Capital Management acquired a new position in FT Vest U.S. Equity Deep Buffer ETF – April in the 3rd quarter worth about $36,000. Bank of America Corp DE acquired a new position in FT Vest U.S. Equity Deep Buffer ETF – April in the 3rd quarter worth about $37,000. Geneos Wealth Management Inc. raised its holdings in FT Vest U.S. Equity Deep Buffer ETF – April by 70.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,186 shares of the company’s stock worth $45,000 after purchasing an additional 491 shares during the period. Finally, Smartleaf Asset Management LLC acquired a new position in FT Vest U.S. Equity Deep Buffer ETF – April in the 4th quarter worth about $49,000.

FT Vest U.S. Equity Deep Buffer ETF – April Price Performance

FT Vest U.S. Equity Deep Buffer ETF – April stock traded up $0.06 during trading hours on Friday, hitting $40.70. 2,217 shares of the stock traded hands, compared to its average volume of 31,364. The firm’s 50 day moving average price is $40.35 and its 200-day moving average price is $39.75. The stock has a market capitalization of $271.88 million, a price-to-earnings ratio of 23.58 and a beta of 0.41. FT Vest U.S. Equity Deep Buffer ETF – April has a 1 year low of $37.12 and a 1 year high of $41.05.

About FT Vest U.S. Equity Deep Buffer ETF – April

The FT Cboe Vest U.S. Equity Deep Buffer ETF – April (DAPR) 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 shares over a specific holding period. The actively-managed fund holds options and collateral. DAPR was launched on Apr 16, 2021 and is managed by First Trust.