Short Interest in FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Drops By 55.7%

FT Vest Laddered Deep Buffer ETF (BATS:BUFD) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 77,897 shares, a decline of 55.7% from the June 30th total of 175,717 shares. Based on an average trading volume of 291,837 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

FT Vest Laddered Deep Buffer ETF Stock Performance

BUFD stock opened at $29.59 on Thursday. The company’s 50 day moving average price is $29.68 and its two-hundred day moving average price is $28.95. FT Vest Laddered Deep Buffer ETF has a one year low of $26.64 and a one year high of $29.94. The company has a market capitalization of $1.48 billion, a PE ratio of 24.83 and a beta of 0.41.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Legacy Financial Group LLC lifted its position in FT Vest Laddered Deep Buffer ETF by 1.1% during the 4th quarter. Legacy Financial Group LLC now owns 1,987,567 shares of the company’s stock valued at $56,407,000 after acquiring an additional 22,157 shares during the period. Royal Bank of Canada raised its holdings in FT Vest Laddered Deep Buffer ETF by 7.0% in the 4th quarter. Royal Bank of Canada now owns 543,461 shares of the company’s stock worth $15,347,000 after purchasing an additional 35,516 shares during the period. Wedbush Securities Inc. lifted its holdings in FT Vest Laddered Deep Buffer ETF by 2.6% during the fourth quarter. Wedbush Securities Inc. now owns 221,908 shares of the company’s stock valued at $6,267,000 after purchasing an additional 5,718 shares in the last quarter. Advisory Services Network LLC lifted its position in shares of FT Vest Laddered Deep Buffer ETF by 0.7% in the fourth quarter. Advisory Services Network LLC now owns 181,903 shares of the company’s stock valued at $5,137,000 after acquiring an additional 1,224 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its stake in FT Vest Laddered Deep Buffer ETF by 13.8% during the 1st quarter. Arkadios Wealth Advisors now owns 57,321 shares of the company’s stock valued at $1,605,000 after purchasing an additional 6,945 shares during the period.

FT Vest Laddered Deep Buffer ETF Company Profile

The FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest U.S. Equity Deep Buffer ETFs. BUFD was launched on Jan 20, 2021 and is managed by First Trust.