FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Short Interest Up 186.1% in June

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 51,687 shares, a growth of 186.1% from the May 31st total of 18,064 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 15,137 shares, the days-to-cover ratio is currently 3.4 days.

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

A number of institutional investors have recently made changes to their positions in the business. Royal Bank of Canada raised its position in FT Vest U.S. Equity Buffer ETF – October by 1.6% in the 1st quarter. Royal Bank of Canada now owns 73,512 shares of the company’s stock worth $3,051,000 after purchasing an additional 1,151 shares during the period. Jane Street Group LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – October during the first quarter valued at about $682,000. First Trust Advisors LP grew its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 27.7% during the second quarter. First Trust Advisors LP now owns 13,970 shares of the company’s stock valued at $625,000 after buying an additional 3,033 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 8.1% in the second quarter. NewEdge Advisors LLC now owns 12,883 shares of the company’s stock worth $577,000 after buying an additional 964 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 2.8% in the 2nd quarter. Raymond James Financial Inc. now owns 603,284 shares of the company’s stock valued at $27,009,000 after acquiring an additional 16,451 shares during the last quarter.

FT Vest U.S. Equity Buffer ETF – October Price Performance

BATS:FOCT opened at $51.66 on Monday. The company has a market capitalization of $988.26 million, a price-to-earnings ratio of 24.45 and a beta of 0.62. The business has a 50 day moving average of $51.57 and a 200 day moving average of $49.86. FT Vest U.S. Equity Buffer ETF – October has a 1-year low of $44.31 and a 1-year high of $52.43.

FT Vest U.S. Equity Buffer ETF – October Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – October (FOCT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FOCT was launched on Oct 16, 2020 and is managed by First Trust.