FT Vest U.S. Equity Max Buffer ETF – October (BATS:OCTM) Stock Short Interest Climbs 73.6%

FT Vest U.S. Equity Max Buffer ETF – October (BATS:OCTM) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 7,831 shares, an increase of 73.6% from the September 15th total of 4,512 shares. Based on an average daily volume of 2,715 shares, the short-interest ratio is presently 2.9 days. Approximately 0.8% of the company’s shares are sold short.

Institutional Investors Weigh In On FT Vest U.S. Equity Max Buffer ETF – October

Several hedge funds have recently bought and sold shares of OCTM. Capasso Planning Partners LLC lifted its stake in FT Vest U.S. Equity Max Buffer ETF – October by 5.7% in the 1st quarter. Capasso Planning Partners LLC now owns 23,318 shares of the company’s stock worth $759,000 after acquiring an additional 1,265 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of FT Vest U.S. Equity Max Buffer ETF – October by 2.6% during the first quarter. Cetera Investment Advisers now owns 14,180 shares of the company’s stock worth $461,000 after purchasing an additional 361 shares during the period. Beacon Financial Advisory LLC purchased a new position in FT Vest U.S. Equity Max Buffer ETF – October during the fourth quarter valued at approximately $443,000. Ameritas Advisory Services LLC purchased a new position in FT Vest U.S. Equity Max Buffer ETF – October during the second quarter valued at approximately $375,000. Finally, CoreCap Advisors LLC acquired a new position in FT Vest U.S. Equity Max Buffer ETF – October in the 3rd quarter valued at approximately $32,000.

FT Vest U.S. Equity Max Buffer ETF – October Stock Performance

OCTM opened at $34.25 on Thursday. The stock has a fifty day moving average of $34.10 and a 200-day moving average of $33.64. FT Vest U.S. Equity Max Buffer ETF – October has a 12-month low of $32.16 and a 12-month high of $34.44.

About FT Vest U.S. Equity Max Buffer ETF – October

The FT Vest U.S. Equity Max Buffer ETF – October (OCTM) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a pre-determined investment outcome over a one-year period. The exposure is reset annually in October OCTM was launched on Oct 18, 2024 and is issued by First Trust.