FT Vest U.S. Equity Max Buffer ETF – August (BATS:AUGM) Sees Large Increase in Short Interest

FT Vest U.S. Equity Max Buffer ETF – August (BATS:AUGM) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 48,505 shares, an increase of 1,925.3% from the August 15th total of 2,395 shares. Currently, 8.8% of the company’s stock are sold short. Based on an average daily trading volume, of 44,662 shares, the short-interest ratio is currently 1.1 days.

Hedge Funds Weigh In On FT Vest U.S. Equity Max Buffer ETF – August

A number of hedge funds and other institutional investors have recently made changes to their positions in AUGM. Triumph Capital Management purchased a new position in FT Vest U.S. Equity Max Buffer ETF – August in the third quarter valued at about $101,000. Advisory Services Network LLC bought a new stake in shares of FT Vest U.S. Equity Max Buffer ETF – August in the 3rd quarter worth approximately $152,000. Barclays PLC bought a new stake in shares of FT Vest U.S. Equity Max Buffer ETF – August in the 4th quarter worth approximately $169,000. Ausdal Financial Partners Inc. purchased a new position in FT Vest U.S. Equity Max Buffer ETF – August in the third quarter valued at approximately $216,000. Finally, OLD Mission Capital LLC bought a new position in FT Vest U.S. Equity Max Buffer ETF – August during the fourth quarter valued at $226,000.

FT Vest U.S. Equity Max Buffer ETF – August Price Performance

Shares of BATS AUGM traded down $0.03 during midday trading on Thursday, reaching $35.34. The company’s stock had a trading volume of 18,112 shares, compared to its average volume of 7,099. The firm has a 50 day moving average price of $35.27 and a 200-day moving average price of $34.79. FT Vest U.S. Equity Max Buffer ETF – August has a 12-month low of $33.52 and a 12-month high of $35.83.

About FT Vest U.S. Equity Max Buffer ETF – August

The FT Vest U.S. Equity Max Buffer ETF – August (AUGM) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a pre-determined investment outcome over a one year period. The exposure is reset annually in August AUGM was launched on Aug 16, 2024 and is issued by First Trust.