Short Interest in FT Vest U.S. Equity Moderate Buffer ETF – December (BATS:GDEC) Expands By 577.9%

FT Vest U.S. Equity Moderate Buffer ETF – December (BATS:GDEC) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 16,657 shares, a growth of 577.9% from the July 15th total of 2,457 shares. Based on an average daily volume of 12,446 shares, the short-interest ratio is currently 1.3 days. Currently, 0.1% of the shares of the stock are short sold.

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

Several hedge funds and other institutional investors have recently made changes to their positions in GDEC. JPMorgan Chase & Co. bought a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – December during the 3rd quarter worth approximately $120,000. Compass Financial Management LLC acquired a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – December during the 2nd quarter worth approximately $160,000. Sanctuary Advisors LLC bought a new position in FT Vest U.S. Equity Moderate Buffer ETF – December in the first quarter valued at approximately $260,000. Royal Bank of Canada increased its stake in FT Vest U.S. Equity Moderate Buffer ETF – December by 1,517.5% in the fourth quarter. Royal Bank of Canada now owns 12,180 shares of the company’s stock valued at $461,000 after acquiring an additional 11,427 shares during the last quarter. Finally, LVZ Inc. raised its position in FT Vest U.S. Equity Moderate Buffer ETF – December by 42.0% during the first quarter. LVZ Inc. now owns 14,608 shares of the company’s stock valued at $541,000 after purchasing an additional 4,323 shares in the last quarter.

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

GDEC stock opened at $40.53 on Thursday. FT Vest U.S. Equity Moderate Buffer ETF – December has a 52 week low of $35.71 and a 52 week high of $40.70. The business has a 50-day simple moving average of $39.88 and a 200 day simple moving average of $38.84. The company has a market cap of $512.70 million, a PE ratio of 24.95 and a beta of 0.42.

FT Vest U.S. Equity Moderate Buffer ETF – December Company Profile

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.