FT Vest U.S. Equity Deep Buffer ETF – September (BATS:DSEP) Sees Significant Increase in Short Interest

FT Vest U.S. Equity Deep Buffer ETF – September (BATS:DSEP) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 17,290 shares, a growth of 435.3% from the April 15th total of 3,230 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 10,559 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Winnow Wealth LLC bought a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – September during the third quarter worth about $56,000. IFP Advisors Inc lifted its stake in FT Vest U.S. Equity Deep Buffer ETF – September by 425.1% in the 3rd quarter. IFP Advisors Inc now owns 4,941 shares of the company’s stock valued at $218,000 after acquiring an additional 4,000 shares in the last quarter. FSB Premier Wealth Management Inc. acquired a new position in FT Vest U.S. Equity Deep Buffer ETF – September during the 4th quarter worth approximately $240,000. Strategic Blueprint LLC boosted its position in FT Vest U.S. Equity Deep Buffer ETF – September by 45.5% during the 4th quarter. Strategic Blueprint LLC now owns 18,694 shares of the company’s stock worth $839,000 after acquiring an additional 5,848 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – September by 0.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 35,501 shares of the company’s stock worth $1,594,000 after acquiring an additional 300 shares in the last quarter.

FT Vest U.S. Equity Deep Buffer ETF – September Trading Down 0.1%

Shares of BATS DSEP opened at $46.79 on Wednesday. The company has a fifty day moving average price of $45.15 and a 200 day moving average price of $44.95. The firm has a market cap of $293.84 million, a PE ratio of 24.47 and a beta of 0.43. FT Vest U.S. Equity Deep Buffer ETF – September has a 1-year low of $40.56 and a 1-year high of $46.85.

FT Vest U.S. Equity Deep Buffer ETF – September Company Profile

The FT Cboe Vest U.S. Equity Deep Buffer ETF – September (DSEP) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY shares over a specific holdings period. The actively-managed fund holds options and collateral. DSEP was launched on Sep 18, 2020 and is managed by First Trust.