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

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) saw a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 20,727 shares, a decrease of 66.9% from the October 15th total of 62,539 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 22,045 shares, the days-to-cover ratio is currently 0.9 days.

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

FT Vest U.S. Equity Buffer ETF – September stock opened at $56.95 on Friday. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 24.69 and a beta of 0.62. FT Vest U.S. Equity Buffer ETF – September has a 12 month low of $49.14 and a 12 month high of $58.06. The stock’s 50-day moving average is $57.19 and its 200-day moving average is $54.58.

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

Institutional investors and hedge funds have recently bought and sold shares of the business. Commonwealth Equity Services LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – September in the third quarter worth $10,846,000. Kestra Advisory Services LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – September during the 3rd quarter worth $6,488,000. Schulz Wealth LTD. acquired a new stake in FT Vest U.S. Equity Buffer ETF – September in the 2nd quarter valued at $5,678,000. NewEdge Advisors LLC increased its holdings in FT Vest U.S. Equity Buffer ETF – September by 590.0% in the 1st quarter. NewEdge Advisors LLC now owns 102,436 shares of the company’s stock valued at $5,156,000 after purchasing an additional 87,590 shares in the last quarter. Finally, Harbour Investments Inc. purchased a new position in FT Vest U.S. Equity Buffer ETF – September in the third quarter valued at about $4,310,000.

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.