FT Vest Laddered Buffer ETF (BATS:BUFR) Sees Large Decline in Short Interest

FT Vest Laddered Buffer ETF (BATS:BUFR) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 176,766 shares, a drop of 72.9% from the October 15th total of 653,474 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 1,345,945 shares, the days-to-cover ratio is presently 0.1 days.

FT Vest Laddered Buffer ETF Price Performance

BATS BUFR opened at $37.50 on Friday. The business has a fifty day moving average price of $37.55 and a two-hundred day moving average price of $36.17. FT Vest Laddered Buffer ETF has a fifty-two week low of $33.03 and a fifty-two week high of $37.95. The stock has a market capitalization of $10.99 billion, a PE ratio of 24.43 and a beta of 0.61.

Hedge Funds Weigh In On FT Vest Laddered Buffer ETF

A number of institutional investors have recently modified their holdings of BUFR. Legacy Financial Group LLC lifted its position in shares of FT Vest Laddered Buffer ETF by 6.7% during the 3rd quarter. Legacy Financial Group LLC now owns 1,149,352 shares of the company’s stock worth $43,066,000 after buying an additional 71,952 shares during the last quarter. Prime Capital Investment Advisors LLC boosted its stake in FT Vest Laddered Buffer ETF by 34.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 809,364 shares of the company’s stock valued at $30,327,000 after buying an additional 206,732 shares in the last quarter. Holos Integrated Wealth LLC boosted its stake in FT Vest Laddered Buffer ETF by 5.0% in the third quarter. Holos Integrated Wealth LLC now owns 641,174 shares of the company’s stock valued at $24,166,000 after buying an additional 30,798 shares in the last quarter. Symphony Financial Services Inc. grew its position in FT Vest Laddered Buffer ETF by 5.5% in the first quarter. Symphony Financial Services Inc. now owns 491,555 shares of the company’s stock valued at $16,600,000 after acquiring an additional 25,733 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its position in FT Vest Laddered Buffer ETF by 99.3% in the first quarter. Arkadios Wealth Advisors now owns 415,315 shares of the company’s stock valued at $14,025,000 after acquiring an additional 206,911 shares during 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.