FT Vest U.S. Equity Deep Buffer ETF – December (BATS:DDEC) Short Interest Update

FT Vest U.S. Equity Deep Buffer ETF – December (BATS:DDEC) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 22,993 shares, an increase of 194.3% from the July 15th total of 7,813 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 10,754 shares, the short-interest ratio is currently 2.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Triumph Capital Management purchased a new stake in FT Vest U.S. Equity Deep Buffer ETF – December during the 3rd quarter worth approximately $70,000. Cottage Street Advisors LLC increased its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – December by 16.9% in the first quarter. Cottage Street Advisors LLC now owns 9,697 shares of the company’s stock worth $429,000 after buying an additional 1,404 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake 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 worth $519,000 after buying an additional 1,065 shares during the last quarter.

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

FT Vest U.S. Equity Deep Buffer ETF – December stock traded up $0.07 during midday trading on Thursday, hitting $48.33. 6,616 shares of the stock were exchanged, compared to its average volume of 15,090. FT Vest U.S. Equity Deep Buffer ETF – December has a 1 year low of $42.46 and a 1 year high of $48.37. The firm has a market cap of $393.89 million, a P/E ratio of 24.21 and a beta of 0.36. The company has a 50 day moving average price of $47.47 and a two-hundred day moving average price of $46.26.

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.