FT Vest U.S. Equity Deep Buffer ETF – December (BATS:DDEC) Sees Significant Drop in Short Interest

FT Vest U.S. Equity Deep Buffer ETF – December (BATS:DDEC) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 6,000 shares, a decline of 73.9% from the July 30th total of 22,993 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 5,252 shares, the short-interest ratio is currently 1.1 days.

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

A number of institutional investors have recently added to or reduced their stakes in DDEC. Janney Montgomery Scott LLC increased its holdings in FT Vest U.S. Equity Deep Buffer ETF – December by 10.0% in the first quarter. Janney Montgomery Scott LLC now owns 11,721 shares of the company’s stock valued at $519,000 after buying an additional 1,065 shares in the last quarter. Cottage Street Advisors LLC lifted its position in shares of FT Vest U.S. Equity Deep Buffer ETF – December by 16.9% during the 1st quarter. Cottage Street Advisors LLC now owns 9,697 shares of the company’s stock valued at $429,000 after acquiring an additional 1,404 shares during the period. Finally, Triumph Capital Management purchased a new stake in shares of FT Vest U.S. Equity Deep Buffer ETF – December during the 3rd quarter worth approximately $70,000.

FT Vest U.S. Equity Deep Buffer ETF – December Trading Up 0.3%

Shares of BATS:DDEC traded up $0.15 on Thursday, reaching $48.41. 556 shares of the company were exchanged, compared to its average volume of 14,851. The company has a 50-day moving average of $47.70 and a 200-day moving average of $46.46. The firm has a market cap of $394.54 million, a price-to-earnings ratio of 24.21 and a beta of 0.36. FT Vest U.S. Equity Deep Buffer ETF – December has a 1-year low of $42.57 and a 1-year high of $48.41.

About FT Vest U.S. Equity Deep Buffer ETF – December

The FT Cboe Vest U.S. Equity Deep Buffer ETF – December (DDEC) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. DDEC was launched on Dec 18, 2020 and is managed by First Trust.