FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Sees Significant Decline in Short Interest

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 31,543 shares, a decline of 59.8% from the July 30th total of 78,503 shares. Based on an average daily trading volume, of 11,682 shares, the days-to-cover ratio is presently 2.7 days. Currently, 0.2% of the company’s stock are sold short.

FT Vest U.S. Equity Buffer ETF – September Price Performance

Shares of FT Vest U.S. Equity Buffer ETF – September stock opened at $56.66 on Friday. FT Vest U.S. Equity Buffer ETF – September has a 1-year low of $49.14 and a 1-year high of $56.78. The company has a market capitalization of $988.72 million, a PE ratio of 24.69 and a beta of 0.62. The business has a 50-day moving average of $55.63 and a 200-day moving average of $53.74.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – September

Institutional investors and hedge funds have recently bought and sold shares of the company. Parallel Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – September during the fourth quarter worth about $26,000. Topsail Wealth Management LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – September by 35.6% in the fourth quarter. Topsail Wealth Management LLC now owns 1,143 shares of the company’s stock valued at $59,000 after acquiring an additional 300 shares during the period. JPMorgan Chase & Co. boosted its stake in FT Vest U.S. Equity Buffer ETF – September by 247.8% in the third quarter. JPMorgan Chase & Co. now owns 1,391 shares of the company’s stock valued at $70,000 after acquiring an additional 991 shares during the period. Barclays PLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – September during the fourth quarter valued at approximately $149,000. Finally, IFP Advisors Inc grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 8.0% during the fourth quarter. IFP Advisors Inc now owns 3,372 shares of the company’s stock valued at $174,000 after purchasing an additional 250 shares during the last quarter.

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

The FT Cboe Vest U.S. Equity Buffer ETF – September (FSEP) 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. FSEP was launched on Sep 18, 2020 and is managed by First Trust.