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

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 11,040 shares, a drop of 63.3% from the July 30th total of 30,091 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 21,519 shares, the short-interest ratio is currently 0.5 days.

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

FT Vest U.S. Equity Buffer ETF – December stock opened at $55.80 on Friday. The stock has a market capitalization of $1.22 billion, a PE ratio of 25.01 and a beta of 0.65. FT Vest U.S. Equity Buffer ETF – December has a twelve month low of $47.67 and a twelve month high of $55.97. The company has a 50 day moving average of $54.92 and a 200-day moving average of $53.15.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MGO One Seven LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 26.9% during the fourth quarter. MGO One Seven LLC now owns 215,037 shares of the company’s stock worth $11,006,000 after buying an additional 45,642 shares in the last quarter. Faithward Advisors LLC raised its position in FT Vest U.S. Equity Buffer ETF – December by 41.4% in the 1st quarter. Faithward Advisors LLC now owns 85,610 shares of the company’s stock valued at $4,257,000 after buying an additional 25,078 shares during the last quarter. REAP Financial Group LLC lifted its stake in FT Vest U.S. Equity Buffer ETF – December by 15.3% in the 4th quarter. REAP Financial Group LLC now owns 81,687 shares of the company’s stock valued at $4,181,000 after acquiring an additional 10,818 shares in the last quarter. Rockefeller Capital Management L.P. lifted its stake in FT Vest U.S. Equity Buffer ETF – December by 42.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 40,876 shares of the company’s stock valued at $2,092,000 after acquiring an additional 12,167 shares in the last quarter. Finally, HighTower Advisors LLC boosted its position in FT Vest U.S. Equity Buffer ETF – December by 255.5% during the 4th quarter. HighTower Advisors LLC now owns 34,397 shares of the company’s stock worth $1,761,000 after acquiring an additional 24,721 shares during the last quarter.

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

The FT Cboe Vest U.S. Equity Buffer ETF – December (FDEC) is an exchange-traded fund that mostly invests in large cap equity. 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. FDEC was launched on Dec 18, 2020 and is managed by First Trust.