Short Interest in FT Vest U.S. Equity Moderate Buffer ETF – December (BATS:GDEC) Declines By 61.4%

FT Vest U.S. Equity Moderate Buffer ETF – December (BATS:GDEC) was the recipient of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 5,613 shares, a decline of 61.4% from the May 14th total of 14,526 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 11,700 shares, the days-to-cover ratio is presently 0.5 days.

FT Vest U.S. Equity Moderate Buffer ETF – December Trading Up 0.2%

Shares of GDEC stock opened at $39.57 on Friday. The company’s 50-day moving average price is $39.02 and its 200-day moving average price is $38.16. The stock has a market cap of $500.56 million, a price-to-earnings ratio of 24.95 and a beta of 0.42. FT Vest U.S. Equity Moderate Buffer ETF – December has a twelve month low of $34.29 and a twelve month high of $39.84.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Sanctuary Advisors LLC acquired a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – December during the 1st quarter valued at about $260,000. HBW Advisory Services LLC boosted its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 36.0% during the 1st quarter. HBW Advisory Services LLC now owns 17,363 shares of the company’s stock valued at $643,000 after acquiring an additional 4,592 shares during the last quarter. Kestra Advisory Services LLC boosted its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 45.7% during the 1st quarter. Kestra Advisory Services LLC now owns 137,377 shares of the company’s stock valued at $5,086,000 after acquiring an additional 43,100 shares during the last quarter. LVZ Inc. boosted its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 42.0% during the 1st quarter. LVZ Inc. now owns 14,608 shares of the company’s stock valued at $541,000 after acquiring an additional 4,323 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – December during the 1st quarter valued at about $4,037,000.

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

The FT Vest U.S. Equity Moderate Buffer ETF – December (GDEC) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GDEC was launched on Dec 15, 2023 and is issued by First Trust.