Short Interest in FT Vest Buffered Allocation Growth ETF (BATS:BUFG) Drops By 58.9%

FT Vest Buffered Allocation Growth ETF (BATS:BUFG) was the recipient of a significant drop in short interest in April. As of April 30th, there was short interest totaling 11,341 shares, a drop of 58.9% from the April 15th total of 27,625 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 22,613 shares, the short-interest ratio is presently 0.5 days.

FT Vest Buffered Allocation Growth ETF Stock Performance

Shares of BATS:BUFG opened at $28.93 on Friday. The stock has a market capitalization of $303.77 million, a price-to-earnings ratio of 25.02 and a beta of 0.69. FT Vest Buffered Allocation Growth ETF has a 1-year low of $24.25 and a 1-year high of $29.10. The company has a 50 day moving average price of $27.79 and a 200 day moving average price of $27.60.

Institutional Trading of FT Vest Buffered Allocation Growth ETF

Large investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. bought a new stake in FT Vest Buffered Allocation Growth ETF during the third quarter worth approximately $101,000. Arkadios Wealth Advisors boosted its holdings in FT Vest Buffered Allocation Growth ETF by 44.6% during the third quarter. Arkadios Wealth Advisors now owns 12,166 shares of the company’s stock worth $328,000 after buying an additional 3,750 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in FT Vest Buffered Allocation Growth ETF by 34.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 13,430 shares of the company’s stock worth $370,000 after buying an additional 3,408 shares in the last quarter. American Trust boosted its holdings in FT Vest Buffered Allocation Growth ETF by 2.4% during the fourth quarter. American Trust now owns 18,942 shares of the company’s stock worth $521,000 after buying an additional 448 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in FT Vest Buffered Allocation Growth ETF in the 4th quarter worth approximately $525,000.

About FT Vest Buffered Allocation Growth ETF

The FT Cboe Vest Buffered Allocation Growth ETF (BUFG) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund is an actively-managed fund-of-funds that allocates exposure to defined outcome buffer ETFs referencing the SPY. BUFG was launched on Oct 26, 2021 and is managed by First Trust.