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

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

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

GDEC opened at $40.48 on Wednesday. The firm has a market capitalization of $512.07 million, a PE ratio of 24.95 and a beta of 0.42. The business’s 50-day moving average is $39.87 and its two-hundred day moving average is $38.82. FT Vest U.S. Equity Moderate Buffer ETF – December has a 1 year low of $35.71 and a 1 year high of $40.53.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of GDEC. JPMorgan Chase & Co. bought a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – December during the 3rd quarter worth approximately $120,000. Sanctuary Advisors LLC purchased a new stake in FT Vest U.S. Equity Moderate Buffer ETF – December during the first quarter valued at approximately $260,000. Royal Bank of Canada boosted 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 in the last quarter. LVZ Inc. boosted its stake in FT Vest U.S. Equity Moderate Buffer ETF – December by 42.0% in the first quarter. LVZ Inc. now owns 14,608 shares of the company’s stock valued at $541,000 after acquiring an additional 4,323 shares in the last quarter. Finally, Sequent Planning LLC grew its holdings in FT Vest U.S. Equity Moderate Buffer ETF – December by 7.0% in the first quarter. Sequent Planning LLC now owns 16,920 shares of the company’s stock worth $626,000 after purchasing an additional 1,113 shares during the last quarter.

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.