Short Interest in FT Vest Gold Strategy Quarterly Buffer ETF (BATS:BGLD) Decreases By 37.3%

FT Vest Gold Strategy Quarterly Buffer ETF (BATS:BGLD) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 19,915 shares, a drop of 37.3% from the July 15th total of 31,751 shares. Based on an average daily trading volume, of 19,467 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BGLD. Arlington Capital Management Inc. increased its position in FT Vest Gold Strategy Quarterly Buffer ETF by 19.4% in the first quarter. Arlington Capital Management Inc. now owns 161,794 shares of the company’s stock worth $2,773,000 after buying an additional 26,300 shares during the period. Sequent Planning LLC lifted its position in FT Vest Gold Strategy Quarterly Buffer ETF by 0.6% in the 4th quarter. Sequent Planning LLC now owns 159,094 shares of the company’s stock valued at $2,722,000 after purchasing an additional 978 shares during the last quarter. Cetera Investment Advisers boosted its stake in FT Vest Gold Strategy Quarterly Buffer ETF by 39.9% during the 1st quarter. Cetera Investment Advisers now owns 137,825 shares of the company’s stock valued at $2,362,000 after purchasing an additional 39,297 shares during the period. Advisory Services Network LLC boosted its stake in FT Vest Gold Strategy Quarterly Buffer ETF by 5.8% during the 4th quarter. Advisory Services Network LLC now owns 79,318 shares of the company’s stock valued at $1,357,000 after purchasing an additional 4,382 shares during the period. Finally, MML Investors Services LLC grew its position in FT Vest Gold Strategy Quarterly Buffer ETF by 73.7% in the 4th quarter. MML Investors Services LLC now owns 72,507 shares of the company’s stock worth $1,241,000 after purchasing an additional 30,756 shares during the last quarter.

FT Vest Gold Strategy Quarterly Buffer ETF Price Performance

Shares of BATS BGLD opened at $16.83 on Wednesday. The firm’s 50-day moving average price is $16.56 and its two-hundred day moving average price is $17.20. FT Vest Gold Strategy Quarterly Buffer ETF has a 52-week low of $16.11 and a 52-week high of $25.34.

About FT Vest Gold Strategy Quarterly Buffer ETF

The FT Cboe Vest Gold Tactical Buffer ETF (BGLD) is an exchange-traded fund that is based on the SPDR Gold Trust index. The fund aims for specific buffered losses and capped gains on SPDR Gold Trust ETF over a specific holdings period. The fund invests in US treasury bills, cash-like instruments and FLEX options through a wholly-owned subsidiary. BGLD was launched on Jan 20, 2021 and is managed by First Trust.