FT Vest U.S. Equity Deep Buffer ETF – December (BATS:DDEC) Sees Large Growth in Short Interest

FT Vest U.S. Equity Deep Buffer ETF – December (BATS:DDEC) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 5,268 shares, an increase of 121.8% from the April 15th total of 2,375 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 15,334 shares, the short-interest ratio is currently 0.3 days.

FT Vest U.S. Equity Deep Buffer ETF – December Stock Down 0.3%

Shares of BATS DDEC opened at $46.90 on Friday. The firm’s 50-day simple moving average is $45.38 and its 200 day simple moving average is $45.06. The stock has a market cap of $382.24 million, a P/E ratio of 24.21 and a beta of 0.36. FT Vest U.S. Equity Deep Buffer ETF – December has a fifty-two week low of $39.99 and a fifty-two week high of $47.09.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Triumph Capital Management acquired a new position in FT Vest U.S. Equity Deep Buffer ETF – December in the third quarter worth approximately $70,000. Winnow Wealth LLC acquired a new stake in shares of FT Vest U.S. Equity Deep Buffer ETF – December during the 3rd quarter valued at $74,000. Cottage Street Advisors LLC lifted its position in shares of FT Vest U.S. Equity Deep Buffer ETF – December by 16.9% during the 1st quarter. Cottage Street Advisors LLC now owns 9,697 shares of the company’s stock valued at $429,000 after acquiring an additional 1,404 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – December by 10.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 11,721 shares of the company’s stock worth $519,000 after acquiring an additional 1,065 shares in the last quarter. Finally, Nova Wealth Management Inc. boosted its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – December by 16.6% during the 4th quarter. Nova Wealth Management Inc. now owns 30,014 shares of the company’s stock worth $1,353,000 after acquiring an additional 4,271 shares in the last quarter.

FT Vest U.S. Equity Deep Buffer ETF – December Company Profile

The FT Cboe Vest U.S. Equity Deep Buffer ETF – December (DDEC) 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. DDEC was launched on Dec 18, 2020 and is managed by First Trust.