FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Short Interest Update

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) saw a large drop in short interest in April. As of April 30th, there was short interest totaling 20,664 shares, a drop of 38.2% from the April 15th total of 33,421 shares. Based on an average daily trading volume, of 13,022 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.1% of the company’s shares are sold short.

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

Shares of FFEB opened at $60.29 on Tuesday. FT Vest U.S. Equity Buffer ETF – February has a 1-year low of $49.86 and a 1-year high of $60.60. The company has a 50-day moving average of $57.91 and a 200 day moving average of $57.05. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 24.30 and a beta of 0.59.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FFEB. Royal Bank of Canada increased its position in FT Vest U.S. Equity Buffer ETF – February by 3.8% during the 1st quarter. Royal Bank of Canada now owns 18,121 shares of the company’s stock valued at $884,000 after purchasing an additional 655 shares during the period. Jane Street Group LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – February during the 1st quarter valued at about $907,000. Ausdal Financial Partners Inc. increased its position in FT Vest U.S. Equity Buffer ETF – February by 16.6% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 6,210 shares of the company’s stock valued at $325,000 after purchasing an additional 885 shares during the period. Gallagher Fiduciary Advisors LLC increased its position in FT Vest U.S. Equity Buffer ETF – February by 47.9% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 12,475 shares of the company’s stock valued at $654,000 after purchasing an additional 4,043 shares during the period. Finally, MML Investors Services LLC increased its position in FT Vest U.S. Equity Buffer ETF – February by 14.3% during the 2nd quarter. MML Investors Services LLC now owns 25,211 shares of the company’s stock valued at $1,321,000 after purchasing an additional 3,149 shares during the period.

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

The FT Cboe Vest U.S. Equity Buffer ETF – February (FFEB) 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. FFEB was launched on Feb 21, 2020 and is managed by First Trust.