Short Interest in FT Vest U.S. Equity Moderate Buffer ETF – February (BATS:GFEB) Drops By 33.7%

FT Vest U.S. Equity Moderate Buffer ETF – February (BATS:GFEB) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 20,317 shares, a decline of 33.7% from the July 30th total of 30,655 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 9,821 shares, the days-to-cover ratio is currently 2.1 days.

Institutional Investors Weigh In On FT Vest U.S. Equity Moderate Buffer ETF – February

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new stake in FT Vest U.S. Equity Moderate Buffer ETF – February during the third quarter valued at about $424,000. Triumph Capital Management increased its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – February by 10.9% in the third quarter. Triumph Capital Management now owns 17,412 shares of the company’s stock worth $706,000 after purchasing an additional 1,706 shares in the last quarter. Arkadios Wealth Advisors raised its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – February by 63.6% in the fourth quarter. Arkadios Wealth Advisors now owns 37,463 shares of the company’s stock valued at $1,556,000 after purchasing an additional 14,563 shares during the period. Wilkerson Advisory Group LLC purchased a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – February during the 4th quarter valued at approximately $30,000. Finally, Founders Financial Securities LLC lifted its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – February by 9.8% during the 1st quarter. Founders Financial Securities LLC now owns 57,316 shares of the company’s stock valued at $2,419,000 after buying an additional 5,131 shares in the last quarter.

FT Vest U.S. Equity Moderate Buffer ETF – February Price Performance

Shares of BATS GFEB opened at $44.76 on Wednesday. FT Vest U.S. Equity Moderate Buffer ETF – February has a one year low of $39.66 and a one year high of $45.05. The business’s fifty day moving average price is $44.36 and its 200-day moving average price is $43.26. The stock has a market capitalization of $420.74 million, a PE ratio of 24.78 and a beta of 0.50.

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

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – February (GFEB) 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 GFEB was launched on Feb 17, 2023 and is managed by First Trust.