FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Stock Short Interest Rises 111.4%

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 47,595 shares, a growth of 111.4% from the October 15th total of 22,518 shares. Based on an average trading volume of 11,394 shares, the days-to-cover ratio is presently 4.2 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of FFEB. Cetera Investment Advisers lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – February by 46.9% during the 1st quarter. Cetera Investment Advisers now owns 396,679 shares of the company’s stock valued at $22,155,000 after buying an additional 126,694 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – February during the third quarter worth approximately $19,563,000. REAP Financial Group LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – February during the third quarter worth approximately $15,287,000. Assetmark Inc. grew its holdings in FT Vest U.S. Equity Buffer ETF – February by 10.0% during the first quarter. Assetmark Inc. now owns 251,507 shares of the company’s stock valued at $14,047,000 after purchasing an additional 22,773 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – February during the third quarter valued at approximately $8,053,000.

FT Vest U.S. Equity Buffer ETF – February Stock Performance

Shares of BATS:FFEB traded down $0.07 during midday trading on Friday, hitting $62.51. 6,231 shares of the stock were exchanged, compared to its average volume of 35,361. FT Vest U.S. Equity Buffer ETF – February has a 52-week low of $54.48 and a 52-week high of $63.33. The business’s fifty day simple moving average is $62.65 and its two-hundred day simple moving average is $60.33. The company has a market capitalization of $1.38 billion, a PE ratio of 24.30 and a beta of 0.61.

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

The FT Cboe Vest U.S. Equity Buffer ETF – February (FFEB) 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. FFEB was launched on Feb 21, 2020 and is managed by First Trust.