FT Vest U.S. Equity Moderate Buffer ETF – December (BATS:GDEC) Sees Significant Growth in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – December (BATS:GDEC) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 15,461 shares, an increase of 175.4% from the May 31st total of 5,613 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 7,616 shares, the days-to-cover ratio is currently 2.0 days.

Institutional Investors Weigh In On FT Vest U.S. Equity Moderate Buffer ETF – December

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. CoreCap Advisors LLC increased its stake in FT Vest U.S. Equity Moderate Buffer ETF – December by 4.7% in the 4th quarter. CoreCap Advisors LLC now owns 9,760 shares of the company’s stock worth $369,000 after buying an additional 435 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in FT Vest U.S. Equity Moderate Buffer ETF – December by 2.8% during the fourth quarter. Sunbelt Securities Inc. now owns 24,038 shares of the company’s stock valued at $909,000 after acquiring an additional 660 shares during the period. Sequent Planning LLC lifted its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 7.0% in the first quarter. Sequent Planning LLC now owns 16,920 shares of the company’s stock valued at $626,000 after acquiring an additional 1,113 shares in the last quarter. Kestra Private Wealth Services LLC lifted its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 11.2% in the first quarter. Kestra Private Wealth Services LLC now owns 19,525 shares of the company’s stock valued at $723,000 after acquiring an additional 1,970 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – December in the third quarter valued at about $120,000.

FT Vest U.S. Equity Moderate Buffer ETF – December Stock Up 0.5%

BATS GDEC opened at $39.67 on Tuesday. FT Vest U.S. Equity Moderate Buffer ETF – December has a 52 week low of $35.04 and a 52 week high of $39.91. The company has a market capitalization of $501.83 million, a P/E ratio of 24.95 and a beta of 0.42. The stock’s 50-day moving average price is $39.40 and its 200-day moving average price is $38.35.

About FT Vest U.S. Equity Moderate Buffer ETF – December

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.