FT Vest Gold Strategy Quarterly Buffer ETF (BATS:BGLD) Stock Short Interest Falls 51.6%

FT Vest Gold Strategy Quarterly Buffer ETF (BATS:BGLD) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 19,760 shares, a decline of 51.6% from the September 30th total of 40,827 shares. Based on an average daily volume of 13,046 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Investors Weigh In On FT Vest Gold Strategy Quarterly Buffer ETF

Several hedge funds have recently modified their holdings of the stock. ARQ Wealth Advisors LLC lifted its stake in shares of FT Vest Gold Strategy Quarterly Buffer ETF by 62.1% during the third quarter. ARQ Wealth Advisors LLC now owns 42,806 shares of the company’s stock valued at $699,000 after acquiring an additional 16,391 shares during the period. Arlington Capital Management Inc. increased its position in FT Vest Gold Strategy Quarterly Buffer ETF by 19.4% in the first quarter. Arlington Capital Management Inc. now owns 161,794 shares of the company’s stock worth $2,773,000 after purchasing an additional 26,300 shares during the period. Finally, Cetera Investment Advisers increased its position in FT Vest Gold Strategy Quarterly Buffer ETF by 39.9% in the first quarter. Cetera Investment Advisers now owns 137,825 shares of the company’s stock worth $2,362,000 after purchasing an additional 39,297 shares during the period.

FT Vest Gold Strategy Quarterly Buffer ETF Stock Performance

BGLD opened at $15.92 on Friday. FT Vest Gold Strategy Quarterly Buffer ETF has a 1-year low of $15.86 and a 1-year high of $25.34. The business has a 50 day moving average price of $16.65 and a two-hundred day moving average price of $17.10.

About FT Vest Gold Strategy Quarterly Buffer ETF

The FT Cboe Vest Gold Tactical Buffer ETF (BGLD) is an exchange-traded fund that is based on the SPDR Gold Trust index. The fund aims for specific buffered losses and capped gains on SPDR Gold Trust ETF over a specific holdings period. The fund invests in US treasury bills, cash-like instruments and FLEX options through a wholly-owned subsidiary. BGLD was launched on Jan 20, 2021 and is managed by First Trust.