FT Vest U.S. Equity Max Buffer ETF – October (BATS:OCTM) Sees Large Growth in Short Interest

FT Vest U.S. Equity Max Buffer ETF – October (BATS:OCTM) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 7,476 shares, an increase of 108.5% from the April 15th total of 3,585 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average trading volume of 996 shares, the days-to-cover ratio is presently 7.5 days.

FT Vest U.S. Equity Max Buffer ETF – October Stock Down 0.1%

BATS:OCTM opened at $33.38 on Friday. The stock has a 50-day simple moving average of $32.90 and a 200-day simple moving average of $32.71. FT Vest U.S. Equity Max Buffer ETF – October has a 1 year low of $30.71 and a 1 year high of $33.42.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Kestra Advisory Services LLC boosted its position in shares of FT Vest U.S. Equity Max Buffer ETF – October by 41.9% during the 4th quarter. Kestra Advisory Services LLC now owns 71,093 shares of the company’s stock worth $2,322,000 after acquiring an additional 20,998 shares in the last quarter. Citadel Advisors LLC boosted its position in shares of FT Vest U.S. Equity Max Buffer ETF – October by 115.0% during the 3rd quarter. Citadel Advisors LLC now owns 27,000 shares of the company’s stock worth $869,000 after acquiring an additional 14,440 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of FT Vest U.S. Equity Max Buffer ETF – October by 85.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 26,953 shares of the company’s stock valued at $880,000 after purchasing an additional 12,399 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of FT Vest U.S. Equity Max Buffer ETF – October by 3.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 23,499 shares of the company’s stock valued at $767,000 after purchasing an additional 772 shares during the last quarter. Finally, FWG Investments LLC. purchased a new stake in shares of FT Vest U.S. Equity Max Buffer ETF – October in the 4th quarter valued at about $672,000.

About FT Vest U.S. Equity Max Buffer ETF – October

The FT Vest U.S. Equity Max Buffer ETF – October (OCTM) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a pre-determined investment outcome over a one-year period. The exposure is reset annually in October OCTM was launched on Oct 18, 2024 and is issued by First Trust.