FT Vest U.S. Equity Equal Weight Buffer ETF – December (NYSEARCA:RSDE) Sees Large Drop in Short Interest

FT Vest U.S. Equity Equal Weight Buffer ETF – December (NYSEARCA:RSDE) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 7,143 shares, a drop of 46.7% from the April 30th total of 13,404 shares. Based on an average daily trading volume, of 85,127 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On FT Vest U.S. Equity Equal Weight Buffer ETF – December

A hedge fund recently bought a new stake in FT Vest U.S. Equity Equal Weight Buffer ETF – December stock. Hollencrest Capital Management bought a new stake in FT Vest U.S. Equity Equal Weight Buffer ETF – December (NYSEARCA:RSDE) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,388,214 shares of the company’s stock, valued at approximately $52,111,000. FT Vest U.S. Equity Equal Weight Buffer ETF – December comprises about 1.8% of Hollencrest Capital Management’s holdings, making the stock its 12th biggest holding. Hollencrest Capital Management owned approximately 74.63% of FT Vest U.S. Equity Equal Weight Buffer ETF – December as of its most recent filing with the SEC.

FT Vest U.S. Equity Equal Weight Buffer ETF – December Stock Up 0.2%

FT Vest U.S. Equity Equal Weight Buffer ETF – December stock traded up $0.04 during midday trading on Tuesday, reaching $23.18. The stock had a trading volume of 4,907 shares, compared to its average volume of 21,676. The firm’s fifty day simple moving average is $22.52 and its 200-day simple moving average is $22.22. FT Vest U.S. Equity Equal Weight Buffer ETF – December has a 1-year low of $20.30 and a 1-year high of $26.00.

About FT Vest U.S. Equity Equal Weight Buffer ETF – December

The FT Vest U.S. Equity Equal Weight Buffer ETF – December (RSDE) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to match the price return of RSP ETF up to a predetermined upside cap while providing a buffer against the first 10% losses over a one-year period. RSDE was launched on Dec 20, 2024 and is issued by First Trust.