Short Interest in FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Declines By 68.3%

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 5,052 shares, a decrease of 68.3% from the May 14th total of 15,932 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 19,292 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Global Retirement Partners LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – February during the fourth quarter worth $29,000. First Horizon Corp purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – February during the fourth quarter worth $34,000. Topsail Wealth Management LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – February by 333.3% during the fourth 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 period. Wells Fargo & Company MN boosted its position in shares of FT Vest U.S. Equity Buffer ETF – February by 239.2% during the fourth 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 period. Finally, Advisory Services Network LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – February during the third quarter worth $84,000.

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

Shares of FT Vest U.S. Equity Buffer ETF – February stock opened at $59.93 on Thursday. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 24.30 and a beta of 0.59. FT Vest U.S. Equity Buffer ETF – February has a fifty-two week low of $50.95 and a fifty-two week high of $61.19. The stock has a 50 day moving average of $59.39 and a 200 day moving average of $57.68.

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.