FT Vest U.S. Equity Deep Buffer ETF – December (BATS:DDEC) Short Interest Down 67.9% in May

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

FT Vest U.S. Equity Deep Buffer ETF – December Stock Performance

BATS DDEC traded up $0.01 during trading on Friday, reaching $47.05. 18,758 shares of the company’s stock were exchanged, compared to its average volume of 17,700. The stock has a market cap of $383.46 million, a P/E ratio of 24.21 and a beta of 0.36. The company has a 50 day moving average price of $46.39 and a two-hundred day moving average price of $45.48. 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

A number of hedge funds and other institutional investors have recently made changes to their positions in DDEC. Triumph Capital Management acquired a new stake in shares of FT Vest U.S. Equity Deep Buffer ETF – December during the third quarter worth about $70,000. Cottage Street Advisors LLC increased its position 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 worth $429,000 after purchasing an additional 1,404 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of FT Vest U.S. Equity Deep Buffer ETF – December by 10.0% during the first 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 in the last quarter. Finally, Nova Wealth Management Inc. increased its position in shares of FT Vest U.S. Equity Deep Buffer ETF – December by 16.6% during the fourth 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 in the last quarter.

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.