FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) Short Interest Up 674.4% in May
by Doug Wharley · The Cerbat GemFT Vest U.S. Equity Buffer ETF – July (BATS:FJUL – Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 24,230 shares, a growth of 674.4% from the May 14th total of 3,129 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 13,198 shares, the days-to-cover ratio is presently 1.8 days.
Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – July
A number of institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. lifted its position in FT Vest U.S. Equity Buffer ETF – July by 156.0% in the second quarter. Raymond James Financial Inc. now owns 1,808,552 shares of the company’s stock worth $93,574,000 after purchasing an additional 1,102,124 shares during the period. Envestnet Asset Management Inc. lifted its position in FT Vest U.S. Equity Buffer ETF – July by 437.4% in the third quarter. Envestnet Asset Management Inc. now owns 720,413 shares of the company’s stock worth $39,428,000 after purchasing an additional 586,368 shares during the period. Ferguson Shapiro LLC lifted its position in FT Vest U.S. Equity Buffer ETF – July by 0.7% in the third quarter. Ferguson Shapiro LLC now owns 400,944 shares of the company’s stock worth $21,944,000 after purchasing an additional 2,901 shares during the period. Assetmark Inc. lifted its position in FT Vest U.S. Equity Buffer ETF – July by 10.5% in the first quarter. Assetmark Inc. now owns 255,851 shares of the company’s stock worth $14,000,000 after purchasing an additional 24,256 shares during the period. Finally, MML Investors Services LLC lifted its position in FT Vest U.S. Equity Buffer ETF – July by 7.3% in the fourth quarter. MML Investors Services LLC now owns 211,890 shares of the company’s stock worth $11,848,000 after purchasing an additional 14,436 shares during the period.
FT Vest U.S. Equity Buffer ETF – July Stock Down 0.1%
FJUL stock opened at $58.90 on Wednesday. The company has a market capitalization of $1.18 billion, a P/E ratio of 24.56 and a beta of 0.63. The company has a 50-day simple moving average of $57.78 and a 200 day simple moving average of $56.53. FT Vest U.S. Equity Buffer ETF – July has a fifty-two week low of $49.68 and a fifty-two week high of $59.31.
About FT Vest U.S. Equity Buffer ETF – July
The FT Cboe Vest U.S. Equity Buffer ETF – July (FJUL) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FJUL was launched on Jul 17, 2020 and is managed by First Trust.