FT Vest U.S. Equity Deep Buffer ETF – January (BATS:DJAN) Sees Large Growth in Short Interest

FT Vest U.S. Equity Deep Buffer ETF – January (BATS:DJAN) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 76,427 shares, an increase of 447.4% from the September 15th total of 13,962 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average daily trading volume, of 70,406 shares, the short-interest ratio is currently 1.1 days.

Institutional Investors Weigh In On FT Vest U.S. Equity Deep Buffer ETF – January

Several hedge funds and other institutional investors have recently made changes to their positions in DJAN. Arkadios Wealth Advisors boosted its holdings in FT Vest U.S. Equity Deep Buffer ETF – January by 9.4% in the 1st quarter. Arkadios Wealth Advisors now owns 14,089 shares of the company’s stock worth $599,000 after buying an additional 1,209 shares during the period. Beacon Financial Group increased its stake in FT Vest U.S. Equity Deep Buffer ETF – January by 1.1% in the 1st quarter. Beacon Financial Group now owns 68,730 shares of the company’s stock worth $2,923,000 after buying an additional 749 shares in the last quarter. Vicus Capital purchased a new stake in FT Vest U.S. Equity Deep Buffer ETF – January in the 1st quarter worth $468,000. Janney Montgomery Scott LLC raised its holdings in FT Vest U.S. Equity Deep Buffer ETF – January by 97.1% during the first quarter. Janney Montgomery Scott LLC now owns 33,573 shares of the company’s stock valued at $1,428,000 after acquiring an additional 16,539 shares during the period. Finally, Cottage Street Advisors LLC raised its holdings in FT Vest U.S. Equity Deep Buffer ETF – January by 71.6% during the first quarter. Cottage Street Advisors LLC now owns 11,624 shares of the company’s stock valued at $494,000 after acquiring an additional 4,852 shares during the period.

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

Shares of DJAN traded up $0.12 during trading hours on Friday, hitting $47.03. The stock had a trading volume of 4,912 shares, compared to its average volume of 28,884. FT Vest U.S. Equity Deep Buffer ETF – January has a 12 month low of $41.79 and a 12 month high of $47.09. The firm has a market capitalization of $425.62 million, a PE ratio of 24.94 and a beta of 0.38. The stock has a fifty day moving average price of $46.51 and a 200 day moving average price of $45.39.

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

The FT Cboe Vest U.S. Equity Deep Buffer ETF – January (DJAN) 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 ETF over a specific holdings period. The actively-managed fund holds options and collateral. DJAN was launched on Jan 15, 2021 and is managed by First Trust.