FT Vest Emerging Market Buffer ETF – September (BATS:TSEP) Sees Large Decline in Short Interest

FT Vest Emerging Market Buffer ETF – September (BATS:TSEP) saw a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 4,120 shares, a drop of 82.9% from the October 15th total of 24,158 shares. Based on an average trading volume of 16,019 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of TSEP. Cetera Investment Advisers bought a new stake in shares of FT Vest Emerging Market Buffer ETF – September in the 1st quarter valued at $205,000. Citadel Advisors LLC bought a new position in FT Vest Emerging Market Buffer ETF – September during the second quarter worth $242,000. Harbour Investments Inc. bought a new position in FT Vest Emerging Market Buffer ETF – September during the third quarter worth $320,000. Finally, Commonwealth Equity Services LLC bought a new position in FT Vest Emerging Market Buffer ETF – September during the third quarter worth $336,000.

FT Vest Emerging Market Buffer ETF – September Stock Down 1.3%

FT Vest Emerging Market Buffer ETF – September stock opened at $25.15 on Friday. The stock’s 50 day moving average is $26.29 and its 200 day moving average is $25.67. FT Vest Emerging Market Buffer ETF – September has a one year low of $22.79 and a one year high of $27.55.

FT Vest Emerging Market Buffer ETF – September Company Profile

The FT Vest Emerging Market Buffer ETF – September (TSEP) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to match the price return of the iShares MSCI Emerging Markets ETF up to a predetermined upside cap while providing a buffer against the first 10% of losses over a one-year period. FLEX options are utilized for this strategy. TSEP was launched on Sep 20, 2024 and is issued by First Trust.