FT Vest U.S. Equity Max Buffer ETF – April (BATS:APXM) Short Interest Up 150.1% in August

FT Vest U.S. Equity Max Buffer ETF – April (BATS:APXM) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 9,118 shares, an increase of 150.1% from the August 15th total of 3,646 shares. Based on an average daily trading volume, of 526 shares, the days-to-cover ratio is presently 17.3 days. Approximately 4.1% of the company’s shares are short sold.

FT Vest U.S. Equity Max Buffer ETF – April Stock Performance

FT Vest U.S. Equity Max Buffer ETF – April stock opened at $32.06 on Tuesday. FT Vest U.S. Equity Max Buffer ETF – April has a 52-week low of $30.61 and a 52-week high of $32.14. The stock’s 50 day moving average price is $31.93 and its two-hundred day moving average price is $31.63.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Integrity Financial Corp WA increased its stake in FT Vest U.S. Equity Max Buffer ETF – April by 644.7% in the second quarter. Integrity Financial Corp WA now owns 2,979 shares of the company’s stock valued at $94,000 after purchasing an additional 2,579 shares in the last quarter. Sovran Advisors LLC bought a new stake in FT Vest U.S. Equity Max Buffer ETF – April in the 1st quarter valued at about $250,000. Ameritas Advisory Services LLC acquired a new position in FT Vest U.S. Equity Max Buffer ETF – April during the 2nd quarter worth approximately $267,000. Finally, Baer Investment Advisory LLC acquired a new position in FT Vest U.S. Equity Max Buffer ETF – April during the 1st quarter worth approximately $401,000.

FT Vest U.S. Equity Max Buffer ETF – April Company Profile

First Trust Exchange-Traded Fund VIII – FT Vest U.S. Equity Max Buffer ETF – April is an exchange traded fund launched and managed by First Trust Advisors LP. The fund is co-managed by Vest Financial LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as FLexible EXchange Options that reference the price performance of the SPDR S&P 500 ETF to create its portfolio. The fund invests in growth and value stocks of large-cap companies.