FT Vest U.S. Equity Enhance & Moderate Buffer ETF – September (BATS:XSEP) Sees Significant Increase in Short Interest

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – September (BATS:XSEP) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,732 shares, a growth of 136.0% from the May 31st total of 734 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 5,222 shares, the days-to-cover ratio is currently 0.3 days.

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

XSEP opened at $44.40 on Wednesday. The firm has a fifty day moving average price of $43.98 and a 200 day moving average price of $42.98. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – September has a 1 year low of $40.55 and a 1 year high of $44.46. The stock has a market cap of $139.86 million, a P/E ratio of 24.38 and a beta of 0.37.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – September stock. Royal Bank of Canada bought a new position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – September (BATS:XSEP) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,475 shares of the company’s stock, valued at approximately $190,000. Royal Bank of Canada owned approximately 0.14% of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – September as of its most recent SEC filing.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – September Company Profile

The FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF – September (XSEP) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a specific holdings period. The actively managed fund holds options and collateral XSEP was launched on Oct 21, 2022 and is managed by First Trust.