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

FT Vest U.S. Equity Deep Buffer ETF – December (BATS:DDEC) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 6,365 shares, a decrease of 67.9% from the May 14th total of 19,833 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 14,020 shares, the days-to-cover ratio is currently 0.5 days.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC grew its position in shares of FT Vest U.S. Equity Deep Buffer ETF – December by 10.0% in the first quarter. Janney Montgomery Scott LLC now owns 11,721 shares of the company’s stock valued at $519,000 after purchasing an additional 1,065 shares during the last quarter. Cottage Street Advisors LLC lifted its stake in FT Vest U.S. Equity Deep Buffer ETF – December by 16.9% during the first quarter. Cottage Street Advisors LLC now owns 9,697 shares of the company’s stock worth $429,000 after purchasing an additional 1,404 shares during the period. Triumph Capital Management bought a new position in FT Vest U.S. Equity Deep Buffer ETF – December during the third quarter worth about $70,000. Finally, Nova Wealth Management Inc. lifted its stake in FT Vest U.S. Equity Deep Buffer ETF – December by 16.6% during the fourth quarter. Nova Wealth Management Inc. now owns 30,014 shares of the company’s stock worth $1,353,000 after purchasing an additional 4,271 shares during the period.

FT Vest U.S. Equity Deep Buffer ETF – December Price Performance

FT Vest U.S. Equity Deep Buffer ETF – December stock opened at $47.09 on Friday. The company has a market capitalization of $383.78 million, a price-to-earnings ratio of 24.21 and a beta of 0.36. FT Vest U.S. Equity Deep Buffer ETF – December has a one year low of $40.72 and a one year high of $47.46. The company’s fifty day moving average price is $46.44 and its two-hundred day moving average price is $45.49.

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

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.