FT Vest Buffered Allocation Growth ETF (BATS:BUFG) Short Interest Up 72.6% in July

FT Vest Buffered Allocation Growth ETF (BATS:BUFG) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 22,542 shares, an increase of 72.6% from the June 30th total of 13,057 shares. Based on an average daily volume of 39,728 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the company’s shares are sold short.

FT Vest Buffered Allocation Growth ETF Price Performance

BUFG opened at $29.47 on Friday. FT Vest Buffered Allocation Growth ETF has a 1 year low of $25.64 and a 1 year high of $29.57. The business’s 50-day moving average price is $29.25 and its two-hundred day moving average price is $28.33. The company has a market capitalization of $309.44 million, a price-to-earnings ratio of 25.02 and a beta of 0.69.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Transcend Capital Advisors LLC boosted its holdings in FT Vest Buffered Allocation Growth ETF by 11.5% in the 4th quarter. Transcend Capital Advisors LLC now owns 107,990 shares of the company’s stock valued at $2,972,000 after purchasing an additional 11,132 shares during the period. Arkadios Wealth Advisors increased its position in shares of FT Vest Buffered Allocation Growth ETF by 497.7% in the fourth quarter. Arkadios Wealth Advisors now owns 72,711 shares of the company’s stock worth $2,001,000 after purchasing an additional 60,545 shares during the period. FSB Premier Wealth Management Inc. lifted its position in FT Vest Buffered Allocation Growth ETF by 1.0% during the fourth quarter. FSB Premier Wealth Management Inc. now owns 53,447 shares of the company’s stock worth $1,471,000 after purchasing an additional 503 shares during the period. American Trust grew its stake in FT Vest Buffered Allocation Growth ETF by 14.0% during the first quarter. American Trust now owns 21,600 shares of the company’s stock worth $580,000 after buying an additional 2,658 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in shares of FT Vest Buffered Allocation Growth ETF in the 4th quarter valued at approximately $525,000.

FT Vest Buffered Allocation Growth ETF Company Profile

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.