FT Vest Nasdaq-100 Buffer ETF – June (BATS:QJUN) Short Interest Up 196.0% in May

FT Vest Nasdaq-100 Buffer ETF – June (BATS:QJUN) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 70,103 shares, an increase of 196.0% from the May 14th total of 23,684 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 31,229 shares, the days-to-cover ratio is presently 2.2 days.

FT Vest Nasdaq-100 Buffer ETF – June Trading Up 0.1%

Shares of FT Vest Nasdaq-100 Buffer ETF – June stock opened at $33.74 on Friday. The company’s fifty day simple moving average is $33.19 and its two-hundred day simple moving average is $32.28. The company has a market cap of $706.85 million, a P/E ratio of 34.34 and a beta of 0.73. FT Vest Nasdaq-100 Buffer ETF – June has a 12-month low of $28.71 and a 12-month high of $33.81.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in QJUN. Modern Wealth Management LLC purchased a new position in FT Vest Nasdaq-100 Buffer ETF – June during the 3rd quarter valued at $13,240,000. Keystone Wealth Services LLC increased its position in FT Vest Nasdaq-100 Buffer ETF – June by 233.0% during the 4th quarter. Keystone Wealth Services LLC now owns 225,469 shares of the company’s stock valued at $7,233,000 after purchasing an additional 157,762 shares during the period. Raymond James Financial Inc. increased its position in FT Vest Nasdaq-100 Buffer ETF – June by 78.8% during the 3rd quarter. Raymond James Financial Inc. now owns 325,070 shares of the company’s stock valued at $10,113,000 after purchasing an additional 143,251 shares during the period. Kestra Advisory Services LLC increased its position in FT Vest Nasdaq-100 Buffer ETF – June by 36.6% during the 1st quarter. Kestra Advisory Services LLC now owns 302,251 shares of the company’s stock valued at $9,444,000 after purchasing an additional 80,957 shares during the period. Finally, Stephens Inc. AR increased its position in FT Vest Nasdaq-100 Buffer ETF – June by 93.8% during the 1st quarter. Stephens Inc. AR now owns 95,090 shares of the company’s stock valued at $2,971,000 after purchasing an additional 46,019 shares during the period.

FT Vest Nasdaq-100 Buffer ETF – June Company Profile

The FT Cboe Vest Nasdaq-100 Buffer ETF – June (QJUN) is an exchange-traded fund that is based on the NASDAQ 100 – USD index. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively-managed fund holds options and collateral. QJUN was launched on Jun 18, 2021 and is managed by First Trust.