Short Interest in FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Drops By 59.8%

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 31,543 shares, a decrease of 59.8% from the July 30th total of 78,503 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 11,682 shares, the days-to-cover ratio is currently 2.7 days.

FT Vest U.S. Equity Buffer ETF – September Price Performance

Shares of BATS:FSEP opened at $56.64 on Friday. The firm’s 50 day simple moving average is $55.59 and its 200 day simple moving average is $53.72. FT Vest U.S. Equity Buffer ETF – September has a fifty-two week low of $49.14 and a fifty-two week high of $56.68. The company has a market capitalization of $988.37 million, a price-to-earnings ratio of 24.69 and a beta of 0.62.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – September

Several hedge funds have recently bought and sold shares of FSEP. Royal Bank of Canada increased its holdings in FT Vest U.S. Equity Buffer ETF – September by 3.8% during the 1st quarter. Royal Bank of Canada now owns 23,154 shares of the company’s stock worth $1,031,000 after purchasing an additional 840 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – September in the 2nd quarter valued at approximately $411,000. Gallagher Fiduciary Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – September in the 2nd quarter valued at approximately $613,000. MML Investors Services LLC lifted its stake in FT Vest U.S. Equity Buffer ETF – September by 14.8% in the 2nd quarter. MML Investors Services LLC now owns 32,894 shares of the company’s stock valued at $1,579,000 after acquiring an additional 4,233 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in FT Vest U.S. Equity Buffer ETF – September by 247.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,391 shares of the company’s stock valued at $70,000 after acquiring an additional 991 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – September Company Profile

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.