FT Vest U.S. Equity Moderate Buffer ETF – February (BATS:GFEB) Sees Significant Increase in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – February (BATS:GFEB) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 20,140 shares, a growth of 48.3% from the August 31st total of 13,585 shares. Based on an average daily trading volume, of 7,152 shares, the short-interest ratio is currently 2.8 days. Currently, 0.2% of the shares of the company are sold short.

FT Vest U.S. Equity Moderate Buffer ETF – February Stock Down 0.1%

Shares of BATS:GFEB opened at $45.01 on Friday. The firm has a 50-day simple moving average of $44.76 and a 200 day simple moving average of $43.72. FT Vest U.S. Equity Moderate Buffer ETF – February has a fifty-two week low of $40.23 and a fifty-two week high of $45.34. The company has a market cap of $423.09 million, a PE ratio of 24.78 and a beta of 0.50.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GFEB. Topsail Wealth Management LLC bought a new position in FT Vest U.S. Equity Moderate Buffer ETF – February during the 1st quarter worth $32,000. Royal Bank of Canada acquired a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – February during the first quarter worth approximately $226,000. Centaurus Financial Inc. grew its holdings in FT Vest U.S. Equity Moderate Buffer ETF – February by 76.2% in the 1st quarter. Centaurus Financial Inc. now owns 6,535 shares of the company’s stock worth $269,000 after buying an additional 2,827 shares in the last quarter. Sequent Planning LLC increased its position in FT Vest U.S. Equity Moderate Buffer ETF – February by 24.5% in the 1st quarter. Sequent Planning LLC now owns 7,764 shares of the company’s stock valued at $319,000 after acquiring an additional 1,529 shares during the period. Finally, Schulz Wealth LTD. acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – February in the 2nd quarter valued at approximately $393,000.

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.