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 decrease in short interest during the month of May. As of May 29th, there was short interest totaling 5,613 shares, a decrease of 61.4% from the May 14th total of 14,526 shares. Based on an average trading volume of 11,700 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the company’s shares are short sold.

FT Vest U.S. Equity Moderate Buffer ETF – December Trading Up 0.2%

Shares of BATS GDEC traded up $0.07 on Friday, reaching $39.56. 2,968 shares of the company traded hands, compared to its average volume of 47,941. FT Vest U.S. Equity Moderate Buffer ETF – December has a fifty-two week low of $34.29 and a fifty-two week high of $39.84. The company has a 50 day moving average of $38.97 and a 200 day moving average of $38.15. The stock has a market capitalization of $500.43 million, a PE ratio of 24.95 and a beta of 0.42.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. acquired a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – December during the 3rd quarter valued at about $120,000. Sanctuary Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – December during the 1st quarter worth about $260,000. CoreCap Advisors LLC grew its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 4.7% during the 4th quarter. CoreCap Advisors LLC now owns 9,760 shares of the company’s stock worth $369,000 after purchasing an additional 435 shares during the period. Royal Bank of Canada grew its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – December by 1,517.5% during the 4th quarter. Royal Bank of Canada now owns 12,180 shares of the company’s stock worth $461,000 after purchasing an additional 11,427 shares during the period. Finally, LVZ Inc. grew its holdings 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 purchasing an additional 4,323 shares during the period.

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.