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

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June (BATS:XJUN) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 5,621 shares, a drop of 36.7% from the July 15th total of 8,886 shares. Based on an average daily volume of 4,720 shares, the short-interest ratio is presently 1.2 days. Approximately 0.1% of the shares of the company are short sold.

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

BATS:XJUN opened at $45.13 on Wednesday. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June has a 12 month low of $41.54 and a 12 month high of $45.28. The firm has a market cap of $175.10 million, a price-to-earnings ratio of 24.99 and a beta of 0.36. The company’s 50 day moving average is $44.54 and its 200-day moving average is $43.91.

Institutional Investors Weigh In On FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June

Hedge funds and other institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. bought a new position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June in the second quarter worth about $26,000. Aurora Private Wealth Inc. bought a new stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June during the 4th quarter valued at approximately $203,000. Goldman Sachs Group Inc. bought a new stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June during the 1st quarter valued at approximately $239,000. Janney Montgomery Scott LLC grew its holdings in 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 valued at $264,000 after buying an additional 485 shares during the last quarter. Finally, IFP Advisors Inc bought a new position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June in the 4th quarter worth approximately $338,000.

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

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.