Short Interest in FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Drops By 69.0%

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 5,354 shares, a decrease of 69.0% from the April 30th total of 17,265 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 15,064 shares, the days-to-cover ratio is currently 0.4 days.

FT Vest U.S. Equity Buffer ETF – September Stock Up 0.2%

Shares of FT Vest U.S. Equity Buffer ETF – September stock traded up $0.09 during trading on Friday, hitting $55.00. 71,915 shares of the stock traded hands, compared to its average volume of 30,040. The stock has a market cap of $959.75 million, a price-to-earnings ratio of 24.69 and a beta of 0.62. The firm’s fifty day moving average is $52.74 and its 200-day moving average is $51.95. FT Vest U.S. Equity Buffer ETF – September has a 52 week low of $46.05 and a 52 week high of $55.11.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – September

Several institutional investors have recently modified their holdings of the company. CoreCap Advisors LLC lifted its holdings in FT Vest U.S. Equity Buffer ETF – September by 1.3% in the 4th quarter. CoreCap Advisors LLC now owns 17,189 shares of the company’s stock worth $886,000 after buying an additional 228 shares during the period. IFP Advisors Inc lifted its holdings in FT Vest U.S. Equity Buffer ETF – September by 8.0% in the 4th quarter. IFP Advisors Inc now owns 3,372 shares of the company’s stock worth $174,000 after buying an additional 250 shares during the period. Wood Tarver Financial Group LLC lifted its holdings in FT Vest U.S. Equity Buffer ETF – September by 3.6% in the 3rd quarter. Wood Tarver Financial Group LLC now owns 7,760 shares of the company’s stock worth $392,000 after buying an additional 269 shares during the period. FWG Investments LLC. lifted its holdings in FT Vest U.S. Equity Buffer ETF – September by 1.0% in the 4th quarter. FWG Investments LLC. now owns 30,069 shares of the company’s stock worth $1,550,000 after buying an additional 290 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in FT Vest U.S. Equity Buffer ETF – September by 1.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 27,146 shares of the company’s stock worth $1,366,000 after buying an additional 294 shares during the period.

About FT Vest U.S. Equity Buffer ETF – September

The FT Cboe Vest U.S. Equity Buffer ETF – September (FSEP) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FSEP was launched on Sep 18, 2020 and is managed by First Trust.