FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Short Interest Up 417.6% in June

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 26,150 shares, an increase of 417.6% from the May 31st total of 5,052 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 12,409 shares, the days-to-cover ratio is currently 2.1 days.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – February

A number of hedge funds have recently modified their holdings of the company. Global Retirement Partners LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – February during the fourth quarter worth about $29,000. First Horizon Corp purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – February in the 4th quarter valued at approximately $34,000. Topsail Wealth Management LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – February by 333.3% during the 4th quarter. Topsail Wealth Management LLC now owns 650 shares of the company’s stock worth $37,000 after buying an additional 500 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – February by 239.2% during the 4th quarter. Wells Fargo & Company MN now owns 960 shares of the company’s stock worth $54,000 after buying an additional 677 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – February during the 3rd quarter valued at approximately $84,000.

FT Vest U.S. Equity Buffer ETF – February Stock Down 0.2%

Shares of FFEB opened at $60.30 on Friday. FT Vest U.S. Equity Buffer ETF – February has a 52-week low of $52.00 and a 52-week high of $61.19. The company has a market capitalization of $1.20 billion, a PE ratio of 24.30 and a beta of 0.59. The stock has a fifty day simple moving average of $60.25 and a two-hundred day simple moving average of $58.08.

About FT Vest U.S. Equity Buffer ETF – February

The FT Cboe Vest U.S. Equity Buffer ETF – February (FFEB) 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. FFEB was launched on Feb 21, 2020 and is managed by First Trust.