FT Vest U.S. Equity Moderate Buffer ETF – December (BATS:GDEC) Sees Significant Increase in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – December (BATS:GDEC) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 15,461 shares, a growth of 175.4% from the May 31st total of 5,613 shares. Based on an average daily volume of 7,616 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.1% of the company’s stock are short sold.

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

Several hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – December in the 3rd quarter valued at about $120,000. Sanctuary Advisors LLC acquired a new position in FT Vest U.S. Equity Moderate Buffer ETF – December during the first quarter valued at approximately $260,000. CoreCap Advisors LLC grew its stake in FT Vest U.S. Equity Moderate Buffer ETF – December by 4.7% in the fourth quarter. CoreCap Advisors LLC now owns 9,760 shares of the company’s stock valued at $369,000 after purchasing an additional 435 shares in the last quarter. Royal Bank of Canada increased its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 1,517.5% during the 4th quarter. Royal Bank of Canada now owns 12,180 shares of the company’s stock worth $461,000 after purchasing an additional 11,427 shares during the last quarter. Finally, LVZ Inc. increased its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 42.0% during the 1st quarter. LVZ Inc. now owns 14,608 shares of the company’s stock worth $541,000 after purchasing an additional 4,323 shares during the last quarter.

FT Vest U.S. Equity Moderate Buffer ETF – December Trading Down 0.1%

FT Vest U.S. Equity Moderate Buffer ETF – December stock opened at $39.46 on Friday. FT Vest U.S. Equity Moderate Buffer ETF – December has a 1-year low of $34.96 and a 1-year high of $39.91. The company has a fifty day simple moving average of $39.38 and a 200 day simple moving average of $38.33. The company has a market cap of $499.17 million, a P/E ratio of 24.95 and a beta of 0.42.

About FT Vest U.S. Equity Moderate Buffer ETF – December

The FT Vest U.S. Equity Moderate Buffer ETF – December (GDEC) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GDEC was launched on Dec 15, 2023 and is issued by First Trust.