FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Sees Large Decrease in Short Interest

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 18,430 shares, a drop of 76.5% from the May 31st total of 78,282 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 14,467 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – January

Large investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its holdings in FT Vest U.S. Equity Buffer ETF – January by 131.4% in the 1st quarter. Cetera Investment Advisers now owns 608,364 shares of the company’s stock worth $30,668,000 after buying an additional 345,511 shares in the last quarter. Rockefeller Capital Management L.P. increased its position in shares of FT Vest U.S. Equity Buffer ETF – January by 544.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 163,363 shares of the company’s stock worth $8,454,000 after acquiring an additional 137,997 shares during the last quarter. Foguth Wealth Management LLC. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – January during the fourth quarter worth about $6,514,000. Private Advisor Group LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – January in the first quarter worth about $4,300,000. Finally, Sigma Planning Corp acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – January in the first quarter worth about $3,550,000.

FT Vest U.S. Equity Buffer ETF – January Price Performance

BATS FJAN opened at $54.55 on Monday. FT Vest U.S. Equity Buffer ETF – January has a fifty-two week low of $47.22 and a fifty-two week high of $55.35. The business has a 50 day moving average price of $54.43 and a two-hundred day moving average price of $52.64. The stock has a market cap of $1.22 billion, a PE ratio of 24.79 and a beta of 0.57.

FT Vest U.S. Equity Buffer ETF – January Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – January (FJAN) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FJAN was launched on Jan 15, 2021 and is managed by First Trust.