FT Vest U.S. Equity Moderate Buffer ETF – February (BATS:GFEB) Short Interest Down 33.1% in August

FT Vest U.S. Equity Moderate Buffer ETF – February (BATS:GFEB) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 13,585 shares, a decline of 33.1% from the August 15th total of 20,317 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 10,924 shares, the short-interest ratio is presently 1.2 days.

FT Vest U.S. Equity Moderate Buffer ETF – February Price Performance

BATS GFEB opened at $44.69 on Thursday. The company’s 50 day simple moving average is $44.56 and its 200 day simple moving average is $43.47. FT Vest U.S. Equity Moderate Buffer ETF – February has a 12 month low of $40.23 and a 12 month high of $45.22. The company has a market capitalization of $420.09 million, a P/E ratio of 24.78 and a beta of 0.50.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC boosted its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – February by 2.9% during the 2nd quarter. NewEdge Advisors LLC now owns 17,882 shares of the company’s stock worth $787,000 after acquiring an additional 500 shares in the last quarter. Citadel Advisors LLC raised its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – February by 238.2% during the second quarter. Citadel Advisors LLC now owns 16,841 shares of the company’s stock worth $741,000 after purchasing an additional 11,862 shares during the period. Schulz Wealth LTD. acquired a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – February during the second quarter worth $393,000. Ameritas Advisory Services LLC purchased a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – February during the second quarter valued at $597,000. Finally, Kintra Wealth LLC purchased a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – February during the second quarter valued at $440,000.

FT Vest U.S. Equity Moderate Buffer ETF – February Company Profile

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – February (GFEB) 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 ETF over a specific holdings period. The actively managed fund holds options and collateral GFEB was launched on Feb 17, 2023 and is managed by First Trust.