FT Vest U.S. Equity Deep Buffer ETF – December (BATS:DDEC) Sees Significant Decline in Short Interest

FT Vest U.S. Equity Deep Buffer ETF – December (BATS:DDEC) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 6,365 shares, a drop of 67.9% from the May 14th total of 19,833 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 14,020 shares, the short-interest ratio is presently 0.5 days.

FT Vest U.S. Equity Deep Buffer ETF – December Trading Down 0.5%

BATS:DDEC opened at $46.70 on Thursday. The stock has a market cap of $380.61 million, a P/E ratio of 24.21 and a beta of 0.36. The stock has a 50 day simple moving average of $46.33 and a 200 day simple moving average of $45.45. FT Vest U.S. Equity Deep Buffer ETF – December has a 1-year low of $40.72 and a 1-year high of $47.46.

Institutional Trading of FT Vest U.S. Equity Deep Buffer ETF – December

Several hedge funds have recently added to or reduced their stakes in the company. Nova Wealth Management Inc. lifted its holdings in FT Vest U.S. Equity Deep Buffer ETF – December by 16.6% during the 4th quarter. Nova Wealth Management Inc. now owns 30,014 shares of the company’s stock worth $1,353,000 after purchasing an additional 4,271 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in FT Vest U.S. Equity Deep Buffer ETF – December by 10.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 11,721 shares of the company’s stock worth $519,000 after purchasing an additional 1,065 shares during the last quarter. Cottage Street Advisors LLC lifted its holdings in FT Vest U.S. Equity Deep Buffer ETF – December by 16.9% during the 1st quarter. Cottage Street Advisors LLC now owns 9,697 shares of the company’s stock worth $429,000 after purchasing an additional 1,404 shares during the last quarter. Finally, Triumph Capital Management acquired a new stake in FT Vest U.S. Equity Deep Buffer ETF – December during the 3rd quarter worth approximately $70,000.

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

The FT Cboe Vest U.S. Equity Deep Buffer ETF – December (DDEC) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. 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. DDEC was launched on Dec 18, 2020 and is managed by First Trust.