FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Sees Large Drop in Short Interest

FT Vest Laddered Deep Buffer ETF (BATS:BUFD) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 54,128 shares, a decrease of 67.7% from the September 15th total of 167,641 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 404,552 shares, the short-interest ratio is currently 0.1 days.

FT Vest Laddered Deep Buffer ETF Stock Performance

Shares of BUFD opened at $30.67 on Wednesday. The firm has a market capitalization of $1.53 billion, a P/E ratio of 24.83 and a beta of 0.41. The stock’s fifty day simple moving average is $30.35 and its 200 day simple moving average is $29.70. FT Vest Laddered Deep Buffer ETF has a twelve month low of $27.43 and a twelve month high of $30.67.

Institutional Investors Weigh In On FT Vest Laddered Deep Buffer ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its stake in FT Vest Laddered Deep Buffer ETF by 296.3% during the third quarter. Farther Finance Advisors LLC now owns 23,135 shares of the company’s stock worth $703,000 after buying an additional 17,297 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of FT Vest Laddered Deep Buffer ETF in the 2nd quarter valued at $463,000. Arkadios Wealth Advisors raised its stake in shares of FT Vest Laddered Deep Buffer ETF by 13.8% in the 1st quarter. Arkadios Wealth Advisors now owns 57,321 shares of the company’s stock valued at $1,605,000 after acquiring an additional 6,945 shares during the period. CoreCap Advisors LLC raised its stake in shares of FT Vest Laddered Deep Buffer ETF by 41.2% in the 2nd quarter. CoreCap Advisors LLC now owns 13,230 shares of the company’s stock valued at $393,000 after acquiring an additional 3,860 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of FT Vest Laddered Deep Buffer ETF by 10.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 28,549 shares of the company’s stock valued at $799,000 after acquiring an additional 2,680 shares in the last quarter.

About FT Vest Laddered Deep Buffer ETF

The FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest U.S. Equity Deep Buffer ETFs. BUFD was launched on Jan 20, 2021 and is managed by First Trust.