FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Short Interest Up 75.7% in June

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 112,052 shares, an increase of 75.7% from the June 15th total of 63,772 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 199,102 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – April

Several hedge funds and other institutional investors have recently modified their holdings of the company. MML Investors Services LLC boosted its position in FT Vest U.S. Equity Buffer ETF – April by 895.8% during the second quarter. MML Investors Services LLC now owns 287,067 shares of the company’s stock valued at $12,111,000 after purchasing an additional 258,238 shares during the last quarter. Cetera Investment Advisers increased its position in FT Vest U.S. Equity Buffer ETF – April by 70.5% in the 4th quarter. Cetera Investment Advisers now owns 285,828 shares of the company’s stock worth $12,696,000 after purchasing an additional 118,147 shares during the last quarter. Assetmark Inc. raised its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 16.7% during the 4th quarter. Assetmark Inc. now owns 289,348 shares of the company’s stock worth $12,853,000 after purchasing an additional 41,331 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – April during the 1st quarter worth about $1,296,000. Finally, Foguth Wealth Management LLC. acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – April during the 4th quarter valued at about $923,000.

FT Vest U.S. Equity Buffer ETF – April Stock Down 0.3%

Shares of BATS:FAPR opened at $46.93 on Friday. The firm has a fifty day moving average of $46.53 and a two-hundred day moving average of $45.42. The firm has a market capitalization of $912.79 million, a P/E ratio of 24.36 and a beta of 0.60. FT Vest U.S. Equity Buffer ETF – April has a 12-month low of $42.37 and a 12-month high of $47.09.

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

The FT Cboe Vest U.S. Equity Buffer ETF – April (FAPR) 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 the SPY over a specific holding period. The actively-managed fund holds options and collateral. FAPR was launched on Apr 16, 2021 and is managed by First Trust.