FT Vest U.S. Equity Max Buffer ETF – June (BATS:JUNM) Sees Large Growth in Short Interest

FT Vest U.S. Equity Max Buffer ETF – June (BATS:JUNM) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 4,247 shares, an increase of 97.1% from the August 31st total of 2,155 shares. Based on an average daily trading volume, of 1,750 shares, the short-interest ratio is currently 2.4 days. Approximately 0.2% of the company’s shares are sold short.

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

Shares of JUNM opened at $35.41 on Thursday. FT Vest U.S. Equity Max Buffer ETF – June has a one year low of $33.77 and a one year high of $35.49. The company has a 50-day simple moving average of $35.33 and a two-hundred day simple moving average of $35.01. The firm has a market capitalization of $70.11 million and a PE ratio of 24.32.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in shares of FT Vest U.S. Equity Max Buffer ETF – June by 23.7% during the second quarter. Envestnet Asset Management Inc. now owns 13,067 shares of the company’s stock valued at $459,000 after purchasing an additional 2,507 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in FT Vest U.S. Equity Max Buffer ETF – June during the second quarter valued at $245,000. Finally, Concurrent Investment Advisors LLC lifted its position in FT Vest U.S. Equity Max Buffer ETF – June by 159.9% during the second quarter. Concurrent Investment Advisors LLC now owns 19,464 shares of the company’s stock valued at $683,000 after buying an additional 11,976 shares during the period.

FT Vest U.S. Equity Max Buffer ETF – June Company Profile

The FT Vest U.S. Equity Max Buffer ETF – June (JUNM) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to match the price returns of SPDR S&P 500 ETF Trust using a buffer and upside cap strategy, over a specific holdings period. JUNM was launched on Jun 21, 2024 and is issued by First Trust.