FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Sees Significant Decrease in Short Interest

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) was the target of a large decline in short interest in April. As of April 30th, there was short interest totaling 20,664 shares, a decline of 38.2% from the April 15th total of 33,421 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 13,022 shares, the days-to-cover ratio is presently 1.6 days.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – February

Several institutional investors have recently added to or reduced their stakes in FFEB. Cetera Investment Advisers raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – February by 46.9% during the 1st quarter. Cetera Investment Advisers now owns 396,679 shares of the company’s stock worth $22,155,000 after acquiring an additional 126,694 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – February by 219.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 150,992 shares of the company’s stock valued at $8,549,000 after purchasing an additional 103,768 shares in the last quarter. BAM Wealth Management LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – February in the third quarter valued at $4,488,000. Regal Investment Advisors LLC increased its position in FT Vest U.S. Equity Buffer ETF – February by 1,044.2% in the third quarter. Regal Investment Advisors LLC now owns 74,886 shares of the company’s stock worth $4,130,000 after purchasing an additional 68,341 shares during the last quarter. Finally, Atria Investments Inc increased its position in FT Vest U.S. Equity Buffer ETF – February by 151.4% in the third quarter. Atria Investments Inc now owns 112,211 shares of the company’s stock worth $6,188,000 after purchasing an additional 67,570 shares during the last quarter.

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

Shares of FFEB traded down $0.17 during midday trading on Monday, hitting $60.41. 213 shares of the company traded hands, compared to its average volume of 48,752. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 24.30 and a beta of 0.59. The firm has a 50 day moving average of $57.86 and a 200-day moving average of $57.02. FT Vest U.S. Equity Buffer ETF – February has a 52 week low of $49.86 and a 52 week high of $60.60.

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

The FT Cboe Vest U.S. Equity Buffer ETF – February (FFEB) 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. FFEB was launched on Feb 21, 2020 and is managed by First Trust.