FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June (BATS:XJUN) Short Interest Update

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June (BATS:XJUN) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 15,881 shares, an increase of 265.2% from the May 31st total of 4,348 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 5,567 shares, the days-to-cover ratio is presently 2.9 days.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June Stock Down 0.2%

Shares of XJUN opened at $43.90 on Friday. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June has a fifty-two week low of $40.85 and a fifty-two week high of $44.42. The company has a market cap of $170.33 million, a P/E ratio of 24.99 and a beta of 0.36. The firm’s 50 day moving average price is $44.15 and its 200 day moving average price is $43.47.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Foguth Wealth Management LLC. purchased a new stake in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June in the 4th quarter worth about $508,000. Signal Advisors Wealth LLC purchased a new stake in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June during the 1st quarter valued at $1,128,000. Legacy Edge Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June in the fourth quarter worth about $7,047,000. SageGuard Financial Group LLC acquired a new position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June in the 4th quarter valued at approximately $547,000. Finally, Janney Montgomery Scott LLC grew its position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June by 8.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 6,150 shares of the company’s stock worth $264,000 after acquiring an additional 485 shares in the last quarter.

About FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June

The FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF – June (XJUN) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a specific holdings period. The actively managed fund holds options and collateral. XJUN was launched on Jul 12, 2021 and is managed by First Trust.