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

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

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

FT Vest U.S. Equity Buffer ETF – February stock opened at $60.30 on Friday. The company has a market capitalization of $1.20 billion, a PE ratio of 24.30 and a beta of 0.59. FT Vest U.S. Equity Buffer ETF – February has a one year low of $49.86 and a one year high of $60.60. The business has a 50 day simple moving average of $57.86 and a 200 day simple moving average of $57.01.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Global Retirement Partners LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – February during the fourth quarter worth $29,000. First Horizon Corp acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – February during the fourth quarter worth $34,000. Topsail Wealth Management LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – February by 333.3% during the fourth quarter. Topsail Wealth Management LLC now owns 650 shares of the company’s stock worth $37,000 after purchasing an additional 500 shares during the period. Wells Fargo & Company MN grew its stake in shares of FT Vest U.S. Equity Buffer ETF – February by 239.2% during the fourth quarter. Wells Fargo & Company MN now owns 960 shares of the company’s stock worth $54,000 after purchasing an additional 677 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – February during the third quarter worth $84,000.

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

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.