FT Vest U.S. Equity Deep Buffer ETF – September (BATS:DSEP) Sees Significant Growth in Short Interest

FT Vest U.S. Equity Deep Buffer ETF – September (BATS:DSEP) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 17,034 shares, a growth of 79.9% from the July 30th total of 9,468 shares. Based on an average daily trading volume, of 11,469 shares, the short-interest ratio is presently 1.5 days. Approximately 0.3% of the company’s stock are short sold.

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

DSEP stock opened at $48.55 on Friday. The firm has a market cap of $304.89 million, a P/E ratio of 24.47 and a beta of 0.43. FT Vest U.S. Equity Deep Buffer ETF – September has a 1 year low of $43.28 and a 1 year high of $48.56. The stock has a 50-day simple moving average of $47.84 and a 200-day simple moving average of $46.47.

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

Hedge funds have recently made changes to their positions in the company. Janney Montgomery Scott LLC lifted its position in shares of FT Vest U.S. Equity Deep Buffer ETF – September by 2.8% during the first quarter. Janney Montgomery Scott LLC now owns 36,487 shares of the company’s stock worth $1,604,000 after purchasing an additional 986 shares in the last quarter. Winnow Wealth LLC increased its stake in FT Vest U.S. Equity Deep Buffer ETF – September by 9,820.2% during the 4th quarter. Winnow Wealth LLC now owns 122,515 shares of the company’s stock worth $5,513,000 after buying an additional 121,280 shares during the period. Finally, FSB Premier Wealth Management Inc. purchased a new stake in FT Vest U.S. Equity Deep Buffer ETF – September during the 4th quarter worth $240,000.

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

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