Short Interest in FT Vest Laddered Buffer ETF (BATS:BUFR) Drops By 73.5%

FT Vest Laddered Buffer ETF (BATS:BUFR) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 229,008 shares, a decline of 73.5% from the May 14th total of 862,727 shares. Based on an average daily volume of 1,028,513 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

FT Vest Laddered Buffer ETF Stock Down 0.8%

BUFR stock opened at $35.88 on Thursday. FT Vest Laddered Buffer ETF has a 52-week low of $30.92 and a 52-week high of $37.26. The stock’s 50 day moving average is $35.62 and its two-hundred day moving average is $34.74. The company has a market capitalization of $7.75 billion, a PE ratio of 24.43 and a beta of 0.61.

Institutional Investors Weigh In On FT Vest Laddered Buffer ETF

Several hedge funds and other institutional investors have recently bought and sold shares of BUFR. Captrust Financial Advisors increased its holdings in FT Vest Laddered Buffer ETF by 10.2% during the 2nd quarter. Captrust Financial Advisors now owns 41,950 shares of the company’s stock worth $1,334,000 after purchasing an additional 3,899 shares during the last quarter. FSB Premier Wealth Management Inc. increased its holdings in shares of FT Vest Laddered Buffer ETF by 1.6% in the 2nd quarter. FSB Premier Wealth Management Inc. now owns 27,834 shares of the company’s stock valued at $885,000 after acquiring an additional 446 shares during the last quarter. Murphy & Mullick Capital Management Corp raised its position in shares of FT Vest Laddered Buffer ETF by 12.1% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 10,650 shares of the company’s stock valued at $359,000 after acquiring an additional 1,150 shares in the last quarter. Synergy Investment Management LLC acquired a new stake in shares of FT Vest Laddered Buffer ETF during the 3rd quarter valued at approximately $819,000. Finally, Rossby Financial LCC raised its position in shares of FT Vest Laddered Buffer ETF by 67.3% during the 3rd quarter. Rossby Financial LCC now owns 4,716 shares of the company’s stock valued at $158,000 after acquiring an additional 1,897 shares in the last quarter.

About FT Vest Laddered Buffer ETF

The First Trust Cboe Vest Fund of Buffer ETFs (BUFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds which holds a laddered portfolio of FT Cboe Vest U.S. Equity Buffer ETFs. BUFR was launched on Aug 10, 2020 and is managed by First Trust.