FT Vest U.S. Equity Moderate Buffer ETF – April (BATS:GAPR) Sees Large Decline in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – April (BATS:GAPR) was the target of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 6,479 shares, a decrease of 69.6% from the October 15th total of 21,282 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 5,945 shares, the days-to-cover ratio is presently 1.1 days.

FT Vest U.S. Equity Moderate Buffer ETF – April Stock Performance

GAPR stock opened at $42.61 on Friday. The firm has a 50 day simple moving average of $42.62 and a 200 day simple moving average of $41.52. FT Vest U.S. Equity Moderate Buffer ETF – April has a 52 week low of $39.18 and a 52 week high of $43.06. The stock has a market cap of $294.01 million, a P/E ratio of 23.64 and a beta of 0.29.

Institutional Investors Weigh In On FT Vest U.S. Equity Moderate Buffer ETF – April

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GAPR. Signature Equity Partners LLC boosted its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – April by 174.5% during the 3rd quarter. Signature Equity Partners LLC now owns 582 shares of the company’s stock valued at $25,000 after buying an additional 370 shares during the period. Bullseye Investment Management LLC purchased a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – April during the 2nd quarter valued at $50,000. Integrated Wealth Concepts LLC acquired a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – April in the second quarter worth $99,000. Blue Bell Private Wealth Management LLC acquired a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – April in the third quarter worth $103,000. Finally, IFP Advisors Inc raised its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – April by 12.7% during the second quarter. IFP Advisors Inc now owns 4,427 shares of the company’s stock worth $184,000 after acquiring an additional 500 shares in the last quarter.

About FT Vest U.S. Equity Moderate Buffer ETF – April

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – April (GAPR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GAPR was launched on Apr 21, 2023 and is managed by First Trust.