Short Interest in FT Vest U.S. Equity Deep Buffer ETF – February (BATS:DFEB) Drops By 66.7%

FT Vest U.S. Equity Deep Buffer ETF – February (BATS:DFEB) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 8,000 shares, a decline of 66.7% from the May 14th total of 23,994 shares. Based on an average daily volume of 31,292 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

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

Shares of BATS:DFEB traded up $0.13 on Friday, hitting $50.21. 4,397 shares of the company were exchanged, compared to its average volume of 29,836. The company’s 50 day moving average price is $49.55 and its two-hundred day moving average price is $48.44. FT Vest U.S. Equity Deep Buffer ETF – February has a one year low of $43.60 and a one year high of $50.61. The firm has a market capitalization of $482.02 million, a price-to-earnings ratio of 24.97 and a beta of 0.41.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. GGM Financials LLC bought a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – February during the 3rd quarter worth about $110,000. Integrated Investment Consultants LLC bought a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – February during the 3rd quarter worth about $201,000. Finally, Sunbelt Securities Inc. increased its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – February by 925.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 68,808 shares of the company’s stock worth $3,202,000 after purchasing an additional 62,101 shares during the period.

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

The FT Cboe Vest U.S. Equity Deep Buffer ETF – February (DFEB) 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. DFEB was launched on Feb 21, 2020 and is managed by First Trust.