FT Vest U.S. Equity Deep Buffer ETF – December (BATS:DDEC) Short Interest Update

FT Vest U.S. Equity Deep Buffer ETF – December (BATS:DDEC) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 6,000 shares, a decline of 73.9% from the July 30th total of 22,993 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 5,252 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC lifted its holdings in FT Vest U.S. Equity Deep Buffer ETF – December by 10.0% in the first quarter. Janney Montgomery Scott LLC now owns 11,721 shares of the company’s stock worth $519,000 after acquiring an additional 1,065 shares during the last quarter. Cottage Street Advisors LLC grew its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – December by 16.9% during the first quarter. Cottage Street Advisors LLC now owns 9,697 shares of the company’s stock valued at $429,000 after purchasing an additional 1,404 shares during the last quarter. Finally, Triumph Capital Management acquired a new stake in shares of 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 Price Performance

DDEC traded up $0.15 during trading on Thursday, reaching $48.41. 556 shares of the stock were exchanged, compared to its average volume of 14,851. The company has a market capitalization of $394.54 million, a price-to-earnings ratio of 24.21 and a beta of 0.36. FT Vest U.S. Equity Deep Buffer ETF – December has a 1 year low of $42.57 and a 1 year high of $48.41. The business’s 50 day moving average price is $47.70 and its two-hundred day moving average price is $46.46.

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.