FT Vest U.S. Equity Moderate Buffer ETF – December (BATS:GDEC) Short Interest Up 175.4% in June

FT Vest U.S. Equity Moderate Buffer ETF – December (BATS:GDEC) saw a significant increase in short interest in the month of 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 company’s shares are sold short. Based on an average daily volume of 7,616 shares, the short-interest ratio is presently 2.0 days.

FT Vest U.S. Equity Moderate Buffer ETF – December Stock Down 0.1%

Shares of GDEC stock opened at $39.46 on Friday. FT Vest U.S. Equity Moderate Buffer ETF – December has a 12-month low of $34.96 and a 12-month high of $39.91. The firm has a market capitalization of $499.17 million, a price-to-earnings ratio of 24.95 and a beta of 0.42. The firm has a fifty day moving average of $39.38 and a 200-day moving average of $38.33.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC increased its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 4.7% in the fourth quarter. CoreCap Advisors LLC now owns 9,760 shares of the company’s stock worth $369,000 after acquiring an additional 435 shares in the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 2.8% during the 4th quarter. Sunbelt Securities Inc. now owns 24,038 shares of the company’s stock valued at $909,000 after purchasing an additional 660 shares in the last quarter. Sequent Planning LLC grew its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 7.0% in the 1st quarter. Sequent Planning LLC now owns 16,920 shares of the company’s stock valued at $626,000 after purchasing an additional 1,113 shares during the period. Kestra Private Wealth Services LLC increased its stake in FT Vest U.S. Equity Moderate Buffer ETF – December by 11.2% during the 1st quarter. Kestra Private Wealth Services LLC now owns 19,525 shares of the company’s stock worth $723,000 after purchasing an additional 1,970 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – December during the 3rd quarter worth approximately $120,000.

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.