FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Sees Significant Decline in Short Interest

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 5,052 shares, a drop of 68.3% from the May 14th total of 15,932 shares. Based on an average trading volume of 19,292 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

FT Vest U.S. Equity Buffer ETF – February Stock Up 0.3%

Shares of BATS:FFEB traded up $0.16 on Friday, hitting $60.58. 13,177 shares of the company traded hands, compared to its average volume of 43,143. FT Vest U.S. Equity Buffer ETF – February has a 52 week low of $50.95 and a 52 week high of $61.19. The stock has a 50 day simple moving average of $59.57 and a 200-day simple moving average of $57.74. The company has a market cap of $1.21 billion, a PE ratio of 24.30 and a beta of 0.59.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – February

Several institutional investors and hedge funds have recently modified their holdings of FFEB. Royal Bank of Canada increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – February by 3.8% during the first quarter. Royal Bank of Canada now owns 18,121 shares of the company’s stock valued at $884,000 after acquiring an additional 655 shares in the last quarter. Jane Street Group LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – February during the first quarter valued at $907,000. Ausdal Financial Partners Inc. increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – February by 16.6% during the second quarter. Ausdal Financial Partners Inc. now owns 6,210 shares of the company’s stock valued at $325,000 after acquiring an additional 885 shares in the last quarter. Gallagher Fiduciary Advisors LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – February by 47.9% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 12,475 shares of the company’s stock valued at $654,000 after acquiring an additional 4,043 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – February by 14.3% during the second quarter. MML Investors Services LLC now owns 25,211 shares of the company’s stock valued at $1,321,000 after acquiring an additional 3,149 shares in the last quarter.

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

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