FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Sees Large Increase in Short Interest

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 33,997 shares, a growth of 86.3% from the September 30th total of 18,244 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 13,191 shares, the short-interest ratio is presently 2.6 days.

FT Vest U.S. Equity Buffer ETF – December Stock Performance

Shares of BATS FDEC traded up $0.25 during trading on Monday, hitting $56.16. The company had a trading volume of 921 shares, compared to its average volume of 35,524. FT Vest U.S. Equity Buffer ETF – December has a 52 week low of $48.63 and a 52 week high of $56.67. The company has a market cap of $1.23 billion, a P/E ratio of 25.01 and a beta of 0.65. The business’s 50-day moving average is $56.04 and its 200 day moving average is $53.66.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Schulz Wealth LTD. acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – December in the second quarter worth $8,078,000. Leigh Baldwin & CO. LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – December by 1,169.5% during the first quarter. Leigh Baldwin & CO. LLC now owns 73,885 shares of the company’s stock valued at $3,674,000 after acquiring an additional 68,065 shares during the period. Founders Financial Securities LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – December during the third quarter worth approximately $2,008,000. McKinley Carter Wealth Services Inc. acquired a new stake in FT Vest U.S. Equity Buffer ETF – December during the third quarter worth about $1,955,000. Finally, Assetmark Inc. increased its holdings in FT Vest U.S. Equity Buffer ETF – December by 10.7% in the 1st quarter. Assetmark Inc. now owns 281,963 shares of the company’s stock valued at $14,019,000 after buying an additional 27,216 shares during the period.

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

The FT Cboe Vest U.S. Equity Buffer ETF – December (FDEC) is an exchange-traded fund that mostly invests in large cap equity. 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. FDEC was launched on Dec 18, 2020 and is managed by First Trust.