FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Sees Large Drop in Short Interest

FT Vest U.S. Equity Buffer ETF – December (BATS:FDECGet Free Report) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 11,040 shares, a drop of 63.3% from the July 30th total of 30,091 shares. Based on an average daily volume of 21,519 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. United Capital Financial Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – December during the third quarter worth approximately $210,000. Goldman Sachs Group Inc. bought a new stake in FT Vest U.S. Equity Buffer ETF – December in the 1st quarter valued at $222,000. Private Advisor Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – December in the 1st quarter valued at $225,000. Cornerstone Wealth LLC TN bought a new position in FT Vest U.S. Equity Buffer ETF – December during the 1st quarter worth $234,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – December during the fourth quarter worth $274,000.

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

Shares of FDEC opened at $55.85 on Friday. The company’s 50-day moving average is $54.89 and its 200-day moving average is $53.13. The firm has a market capitalization of $1.22 billion, a PE ratio of 25.01 and a beta of 0.65. FT Vest U.S. Equity Buffer ETF – December has a fifty-two week low of $47.67 and a fifty-two week high of $55.86.

FT Vest U.S. Equity Buffer ETF – December Company Profile

(Get Free Report)

The FT Cboe Vest U.S. Equity Buffer ETF – December (FDEC) is an exchange-traded fund that mostly invests in large cap equity. 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. FDEC was launched on Dec 18, 2020 and is managed by First Trust.

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