FT Vest Nasdaq-100 Buffer ETF – September (BATS:QSPT) Sees Large Increase in Short Interest

FT Vest Nasdaq-100 Buffer ETF – September (BATS:QSPT) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 39,837 shares, a growth of 243.9% from the June 30th total of 11,585 shares. Based on an average daily volume of 53,562 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in FT Vest Nasdaq-100 Buffer ETF – September by 65.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,848 shares of the company’s stock valued at $84,000 after acquiring an additional 1,127 shares during the last quarter. Parallel Advisors LLC raised its position in FT Vest Nasdaq-100 Buffer ETF – September by 940.0% during the first quarter. Parallel Advisors LLC now owns 5,200 shares of the company’s stock worth $159,000 after acquiring an additional 4,700 shares during the last quarter. Sunbelt Securities Inc. raised its position in FT Vest Nasdaq-100 Buffer ETF – September by 7.0% during the fourth quarter. Sunbelt Securities Inc. now owns 19,369 shares of the company’s stock worth $614,000 after acquiring an additional 1,264 shares during the last quarter. Finally, ORG Partners LLC lifted its holdings in shares of FT Vest Nasdaq-100 Buffer ETF – September by 16.4% in the fourth quarter. ORG Partners LLC now owns 29,700 shares of the company’s stock valued at $941,000 after purchasing an additional 4,182 shares in the last quarter.

FT Vest Nasdaq-100 Buffer ETF – September Stock Performance

Shares of QSPT stock opened at $34.26 on Tuesday. The stock has a fifty day moving average price of $34.55 and a 200 day moving average price of $32.89. The stock has a market cap of $472.79 million, a PE ratio of 36.09 and a beta of 0.79. FT Vest Nasdaq-100 Buffer ETF – September has a 1 year low of $29.76 and a 1 year high of $34.90.

FT Vest Nasdaq-100 Buffer ETF – September Company Profile

The FT Cboe Vest Nasdaq-100 Buffer ETF – September (QSPT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively-managed fund holds options and collateral. QSPT was launched on Sep 17, 2021 and is managed by First Trust.