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

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 5,354 shares, a decrease of 69.0% from the April 30th total of 17,265 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 15,064 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – September

Institutional investors and hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – September during the 4th quarter worth approximately $26,000. Topsail Wealth Management LLC increased its position in FT Vest U.S. Equity Buffer ETF – September by 35.6% during the 4th quarter. Topsail Wealth Management LLC now owns 1,143 shares of the company’s stock worth $59,000 after purchasing an additional 300 shares in the last quarter. JPMorgan Chase & Co. increased its position in FT Vest U.S. Equity Buffer ETF – September by 247.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,391 shares of the company’s stock worth $70,000 after purchasing an additional 991 shares in the last quarter. Barclays PLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – September during the 4th quarter worth approximately $149,000. Finally, IFP Advisors Inc increased its position in FT Vest U.S. Equity Buffer ETF – September by 8.0% during the 4th quarter. IFP Advisors Inc now owns 3,372 shares of the company’s stock worth $174,000 after purchasing an additional 250 shares in the last quarter.

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

Shares of FSEP stock opened at $55.00 on Friday. The firm has a market cap of $959.75 million, a P/E ratio of 24.69 and a beta of 0.62. FT Vest U.S. Equity Buffer ETF – September has a 1-year low of $46.05 and a 1-year high of $55.11. The firm’s 50-day simple moving average is $52.74 and its 200-day simple moving average is $51.95.

About FT Vest U.S. Equity Buffer ETF – September

The FT Cboe Vest U.S. Equity Buffer ETF – September (FSEP) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FSEP was launched on Sep 18, 2020 and is managed by First Trust.