Short Interest in FT Vest U.S. Equity Deep Buffer ETF – April (BATS:DAPR) Drops By 76.2%

FT Vest U.S. Equity Deep Buffer ETF – April (BATS:DAPR) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 20,632 shares, a drop of 76.2% from the May 14th total of 86,856 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 9,922 shares, the days-to-cover ratio is currently 2.1 days.

FT Vest U.S. Equity Deep Buffer ETF – April Stock Performance

BATS:DAPR opened at $40.33 on Thursday. The company has a market cap of $269.40 million, a PE ratio of 23.58 and a beta of 0.41. FT Vest U.S. Equity Deep Buffer ETF – April has a 52-week low of $37.12 and a 52-week high of $41.05. The stock has a 50-day simple moving average of $40.33 and a 200 day simple moving average of $39.73.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Sowell Financial Services LLC bought a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – April during the fourth quarter worth about $982,000. Signal Advisors Wealth LLC grew its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – April by 216.5% during the fourth quarter. Signal Advisors Wealth LLC now owns 17,788 shares of the company’s stock worth $700,000 after buying an additional 12,168 shares in the last quarter. Triumph Capital Management bought a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – April during the third quarter worth about $36,000. Clear Creek Financial Management LLC grew its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – April by 12.5% during the third quarter. Clear Creek Financial Management LLC now owns 23,559 shares of the company’s stock worth $910,000 after buying an additional 2,622 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – April by 3.2% during the third quarter. Envestnet Asset Management Inc. now owns 259,364 shares of the company’s stock worth $10,021,000 after buying an additional 7,976 shares in the last quarter.

About FT Vest U.S. Equity Deep Buffer ETF – April

The FT Cboe Vest U.S. Equity Deep Buffer ETF – April (DAPR) 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 shares over a specific holding period. The actively-managed fund holds options and collateral. DAPR was launched on Apr 16, 2021 and is managed by First Trust.