Short Interest in FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) Drops By 53.5%

by · The Markets Daily

FT Vest Buffered Allocation Defensive ETF (BATS:BUFT – Get Free Report) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 22,816 shares, a decrease of 53.5% from the August 15th total of 49,093 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 18,645 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its position in FT Vest Buffered Allocation Defensive ETF stock. Arkadios Wealth Advisors increased its position in shares of FT Vest Buffered Allocation Defensive ETF (BATS:BUFT – Free Report) by 100.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 158,415 shares of the company’s stock after purchasing an additional 79,226 shares during the period. Arkadios Wealth Advisors owned 3.17% of FT Vest Buffered Allocation Defensive ETF worth $3,930,000 at the end of the most recent quarter.

FT Vest Buffered Allocation Defensive ETF Trading Down 0.0%

FT Vest Buffered Allocation Defensive ETF stock opened at $26.35 on Tuesday. FT Vest Buffered Allocation Defensive ETF has a 52 week low of $24.05 and a 52 week high of $26.59. The stock has a market cap of $131.75 million, a price-to-earnings ratio of 24.87 and a beta of 0.35. The company’s 50-day moving average price is $26.16 and its two-hundred day moving average price is $25.69.

About FT Vest Buffered Allocation Defensive ETF

(Get Free Report)

The FT Cboe Vest Buffered Allocation Defensive ETF (BUFT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund is an actively-managed fund-of-funds that allocates exposure to defined outcome buffer ETFs referencing the SPY. BUFT was launched on Oct 26, 2021 and is managed by First Trust.

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