Short Interest in FT Vest U.S. Equity Moderate Buffer ETF – December (BATS:GDEC) Declines By 61.4%

FT Vest U.S. Equity Moderate Buffer ETF – December (BATS:GDEC) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 5,613 shares, a decline of 61.4% from the May 14th total of 14,526 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 11,700 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Arkadios Wealth Advisors raised its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 15.7% during the 1st quarter. Arkadios Wealth Advisors now owns 25,242 shares of the company’s stock worth $934,000 after buying an additional 3,430 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – December during the 1st quarter worth $260,000. HBW Advisory Services LLC raised its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 36.0% during the 1st quarter. HBW Advisory Services LLC now owns 17,363 shares of the company’s stock worth $643,000 after buying an additional 4,592 shares during the last quarter. Kestra Advisory Services LLC raised its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 45.7% during the 1st quarter. Kestra Advisory Services LLC now owns 137,377 shares of the company’s stock worth $5,086,000 after buying an additional 43,100 shares during the last quarter. Finally, LVZ Inc. raised its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 42.0% during the 1st quarter. LVZ Inc. now owns 14,608 shares of the company’s stock worth $541,000 after buying an additional 4,323 shares during the last quarter.

FT Vest U.S. Equity Moderate Buffer ETF – December Price Performance

Shares of BATS GDEC traded up $0.07 during trading on Friday, hitting $39.56. 2,968 shares of the company were exchanged, compared to its average volume of 47,941. The company has a market cap of $500.43 million, a price-to-earnings ratio of 24.95 and a beta of 0.42. FT Vest U.S. Equity Moderate Buffer ETF – December has a 1 year low of $34.29 and a 1 year high of $39.84. The firm’s fifty day moving average price is $38.97 and its 200 day moving average price is $38.15.

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.