FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Sees Large Increase in Short Interest

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 3,567 shares, an increase of 3,172.5% from the May 31st total of 109 shares. Based on an average daily volume of 65,444 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

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

A number of institutional investors have recently made changes to their positions in FSEP. CWM LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – September by 5.3% in the fourth quarter. CWM LLC now owns 452,254 shares of the company’s stock valued at $23,318,000 after acquiring an additional 22,816 shares in the last quarter. Assetmark Inc. boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 11.4% during the first quarter. Assetmark Inc. now owns 279,992 shares of the company’s stock valued at $14,092,000 after acquiring an additional 28,716 shares during the last quarter. LPL Financial LLC increased its position in FT Vest U.S. Equity Buffer ETF – September by 5.4% during the 4th quarter. LPL Financial LLC now owns 243,763 shares of the company’s stock worth $12,568,000 after purchasing an additional 12,511 shares in the last quarter. Raymond James Financial Inc. increased its position in FT Vest U.S. Equity Buffer ETF – September by 5.8% during the 3rd quarter. Raymond James Financial Inc. now owns 216,488 shares of the company’s stock worth $10,941,000 after purchasing an additional 11,893 shares in the last quarter. Finally, Kestra Advisory Services LLC raised its stake in FT Vest U.S. Equity Buffer ETF – September by 12.8% in the 1st quarter. Kestra Advisory Services LLC now owns 162,442 shares of the company’s stock valued at $8,176,000 after purchasing an additional 18,469 shares during the last quarter.

FT Vest U.S. Equity Buffer ETF – September Stock Performance

FSEP stock traded up $0.02 on Thursday, reaching $54.55. The company had a trading volume of 27,195 shares, compared to its average volume of 43,314. FT Vest U.S. Equity Buffer ETF – September has a 1 year low of $47.52 and a 1 year high of $55.24. The company’s fifty day moving average is $54.22 and its 200 day moving average is $52.46. The company has a market cap of $951.90 million, a P/E ratio of 24.69 and a beta of 0.62.

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

The FT Cboe Vest U.S. Equity Buffer ETF – September (FSEP) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FSEP was launched on Sep 18, 2020 and is managed by First Trust.