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

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 33,966 shares, a growth of 609.0% from the May 31st total of 4,791 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 10,848 shares, the short-interest ratio is presently 3.1 days.

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

Several large investors have recently bought and sold shares of the company. Griffith & Werner Inc. acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – December during the third quarter valued at about $32,680,000. Raymond James Financial Inc. grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 47.4% during the third quarter. Raymond James Financial Inc. now owns 374,639 shares of the company’s stock worth $18,447,000 after purchasing an additional 120,506 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 2.5% during the fourth quarter. Cetera Investment Advisers now owns 374,354 shares of the company’s stock worth $19,160,000 after purchasing an additional 9,281 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 30.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 294,462 shares of the company’s stock valued at $15,071,000 after buying an additional 68,979 shares during the period. Finally, Assetmark Inc. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 10.7% in the first quarter. Assetmark Inc. now owns 281,963 shares of the company’s stock valued at $14,019,000 after buying an additional 27,216 shares during the period.

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

Shares of FDEC opened at $53.87 on Friday. FT Vest U.S. Equity Buffer ETF – December has a 52 week low of $46.15 and a 52 week high of $54.62. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 25.01 and a beta of 0.65. The stock has a fifty day moving average of $53.70 and a 200-day moving average of $51.96.

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

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.