FT Vest Nasdaq-100 Buffer ETF – September (BATS:QSPT) Short Interest Up 62.8% in May

FT Vest Nasdaq-100 Buffer ETF – September (BATS:QSPT) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 30,155 shares, a growth of 62.8% from the April 30th total of 18,525 shares. Based on an average daily volume of 10,629 shares, the short-interest ratio is currently 2.8 days. Approximately 0.2% of the company’s stock are sold short.

FT Vest Nasdaq-100 Buffer ETF – September Stock Performance

Shares of QSPT traded down $0.01 during mid-day trading on Wednesday, reaching $34.71. The company had a trading volume of 205 shares, compared to its average volume of 28,918. The company has a market capitalization of $479.00 million, a price-to-earnings ratio of 36.09 and a beta of 0.79. The firm has a 50-day moving average price of $32.85 and a 200 day moving average price of $32.03. FT Vest Nasdaq-100 Buffer ETF – September has a 52 week low of $28.52 and a 52 week high of $34.76.

Hedge Funds Weigh In On FT Vest Nasdaq-100 Buffer ETF – September

Several institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its stake in FT Vest Nasdaq-100 Buffer ETF – September by 65.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,848 shares of the company’s stock worth $84,000 after purchasing an additional 1,127 shares in the last quarter. ORG Partners LLC raised its holdings in FT Vest Nasdaq-100 Buffer ETF – September by 16.4% in the fourth quarter. ORG Partners LLC now owns 29,700 shares of the company’s stock worth $941,000 after buying an additional 4,182 shares during the last quarter. Sunbelt Securities Inc. raised its holdings in FT Vest Nasdaq-100 Buffer ETF – September by 7.0% in the fourth quarter. Sunbelt Securities Inc. now owns 19,369 shares of the company’s stock worth $614,000 after buying an additional 1,264 shares during the last quarter. Finally, Parallel Advisors LLC lifted its stake in shares of FT Vest Nasdaq-100 Buffer ETF – September by 940.0% in the first quarter. Parallel Advisors LLC now owns 5,200 shares of the company’s stock worth $159,000 after buying an additional 4,700 shares in the last quarter.

FT Vest Nasdaq-100 Buffer ETF – September Company Profile

The FT Cboe Vest Nasdaq-100 Buffer ETF – September (QSPT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively-managed fund holds options and collateral. QSPT was launched on Sep 17, 2021 and is managed by First Trust.