FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Short Interest Down 63.3% in August

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 11,040 shares, a decline of 63.3% from the July 30th total of 30,091 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 21,519 shares, the days-to-cover ratio is currently 0.5 days.

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

FDEC opened at $55.85 on Friday. The business’s 50-day simple moving average is $54.89 and its 200 day simple moving average is $53.13. FT Vest U.S. Equity Buffer ETF – December has a 52-week low of $47.67 and a 52-week high of $55.86. The firm has a market capitalization of $1.22 billion, a PE ratio of 25.01 and a beta of 0.65.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. United Capital Financial Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – December in the third quarter valued at $210,000. Cornerstone Wealth LLC TN bought a new position in shares of FT Vest U.S. Equity Buffer ETF – December in the 1st quarter valued at about $234,000. Private Advisor Group LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – December during the 1st quarter worth about $225,000. Goldman Sachs Group Inc. bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – December in the 1st quarter valued at about $222,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – December in the 4th quarter valued at about $274,000.

FT Vest U.S. Equity Buffer ETF – December Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – December (FDEC) is an exchange-traded fund that mostly invests in large cap equity. 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. FDEC was launched on Dec 18, 2020 and is managed by First Trust.