FT Vest Buffered Allocation Growth ETF (BATS:BUFG) Short Interest Update

FT Vest Buffered Allocation Growth ETF (BATS:BUFG) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 21,444 shares, a growth of 89.1% from the April 30th total of 11,341 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 28,540 shares, the short-interest ratio is presently 0.8 days.

FT Vest Buffered Allocation Growth ETF Price Performance

BUFG opened at $29.36 on Tuesday. The business has a 50 day simple moving average of $28.19 and a two-hundred day simple moving average of $27.75. The firm has a market capitalization of $308.28 million, a price-to-earnings ratio of 25.02 and a beta of 0.69. FT Vest Buffered Allocation Growth ETF has a one year low of $24.55 and a one year high of $29.50.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in BUFG. JPMorgan Chase & Co. purchased a new position in shares of FT Vest Buffered Allocation Growth ETF during the 3rd quarter worth approximately $101,000. Jaffetilchin Investment Partners LLC grew its holdings in shares of FT Vest Buffered Allocation Growth ETF by 1.1% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 33,485 shares of the company’s stock worth $922,000 after acquiring an additional 365 shares during the period. Transcend Capital Advisors LLC grew its holdings in shares of FT Vest Buffered Allocation Growth ETF by 11.5% during the 4th quarter. Transcend Capital Advisors LLC now owns 107,990 shares of the company’s stock worth $2,972,000 after acquiring an additional 11,132 shares during the period. Farther Finance Advisors LLC purchased a new position in shares of FT Vest Buffered Allocation Growth ETF during the 4th quarter worth approximately $525,000. Finally, FSB Premier Wealth Management Inc. grew its holdings in shares of FT Vest Buffered Allocation Growth ETF by 1.0% during the 4th quarter. FSB Premier Wealth Management Inc. now owns 53,447 shares of the company’s stock worth $1,471,000 after acquiring an additional 503 shares during the period.

About FT Vest Buffered Allocation Growth ETF

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.