FT Vest U.S. Equity Moderate Buffer ETF – January (BATS:GJAN) Sees Significant Decline in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – January (BATS:GJAN) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 5,806 shares, a decrease of 71.5% from the April 30th total of 20,348 shares. Based on an average trading volume of 25,379 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

FT Vest U.S. Equity Moderate Buffer ETF – January Stock Performance

Shares of BATS GJAN opened at $44.92 on Friday. FT Vest U.S. Equity Moderate Buffer ETF – January has a 52-week low of $38.68 and a 52-week high of $45.72. The firm has a 50 day moving average price of $43.46 and a two-hundred day moving average price of $42.95. The stock has a market cap of $432.58 million, a P/E ratio of 24.20 and a beta of 0.48.

Hedge Funds Weigh In On FT Vest U.S. Equity Moderate Buffer ETF – January

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Summit Financial Wealth Advisors LLC acquired a new position in FT Vest U.S. Equity Moderate Buffer ETF – January in the 1st quarter valued at approximately $293,000. Cornerstone Wealth LLC TN acquired a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – January during the first quarter worth $406,000. Centaurus Financial Inc. increased its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – January by 11.7% during the first quarter. Centaurus Financial Inc. now owns 4,904 shares of the company’s stock worth $206,000 after buying an additional 512 shares during the period. Arkadios Wealth Advisors increased its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – January by 9.9% during the first quarter. Arkadios Wealth Advisors now owns 5,948 shares of the company’s stock worth $249,000 after buying an additional 535 shares during the period. Finally, Royal Bank of Canada increased its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – January by 258.0% during the first quarter. Royal Bank of Canada now owns 11,067 shares of the company’s stock worth $464,000 after buying an additional 7,976 shares during the period.

About FT Vest U.S. Equity Moderate Buffer ETF – January

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – January (GJAN) is an exchange-traded fund that mostly invests in large cap equity. 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. GJAN was launched on Jan 20, 2023 and is managed by First Trust.