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

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 78,503 shares, a growth of 51.9% from the July 15th total of 51,679 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 17,756 shares, the short-interest ratio is currently 4.4 days.

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

BATS FSEP opened at $56.46 on Thursday. The company has a market capitalization of $985.23 million, a PE ratio of 24.69 and a beta of 0.62. The business’s fifty day moving average is $55.40 and its 200 day moving average is $53.53. FT Vest U.S. Equity Buffer ETF – September has a fifty-two week low of $49.06 and a fifty-two week high of $56.55.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Parallel Advisors LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – September during the 4th quarter valued at about $26,000. Topsail Wealth Management LLC increased its holdings in FT Vest U.S. Equity Buffer ETF – September by 35.6% in the 4th quarter. Topsail Wealth Management LLC now owns 1,143 shares of the company’s stock worth $59,000 after acquiring an additional 300 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in FT Vest U.S. Equity Buffer ETF – September by 247.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,391 shares of the company’s stock worth $70,000 after acquiring an additional 991 shares in the last quarter. Barclays PLC bought a new stake in FT Vest U.S. Equity Buffer ETF – September during the 4th quarter worth approximately $149,000. Finally, IFP Advisors Inc raised its stake 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 acquiring an additional 250 shares during the period.

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

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.