FT Vest U.S. Equity Deep Buffer ETF – April (BATS:DAPR) Short Interest Up 112.1% in August

FT Vest U.S. Equity Deep Buffer ETF – April (BATS:DAPR) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 44,746 shares, an increase of 112.1% from the July 30th total of 21,093 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 8,069 shares, the days-to-cover ratio is presently 5.5 days.

FT Vest U.S. Equity Deep Buffer ETF – April Trading Up 0.1%

BATS:DAPR opened at $41.65 on Friday. FT Vest U.S. Equity Deep Buffer ETF – April has a 1-year low of $38.17 and a 1-year high of $41.72. The firm has a fifty day simple moving average of $41.15 and a 200 day simple moving average of $40.46. The stock has a market capitalization of $278.22 million, a PE ratio of 23.58 and a beta of 0.41.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of DAPR. Advisory Services Network LLC acquired a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – April during the 3rd quarter worth about $29,000. Triumph Capital Management bought a new stake in shares of FT Vest U.S. Equity Deep Buffer ETF – April in the 3rd quarter valued at about $36,000. Bank of America Corp DE acquired a new stake in FT Vest U.S. Equity Deep Buffer ETF – April in the 3rd quarter valued at about $37,000. Geneos Wealth Management Inc. lifted its stake 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 valued at $45,000 after purchasing an additional 491 shares during the last quarter. Finally, Smartleaf Asset Management LLC bought a new position in FT Vest U.S. Equity Deep Buffer ETF – April during the fourth quarter worth about $49,000.

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.