FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Short Interest Update

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 30,039 shares, a decline of 42.0% from the April 15th total of 51,818 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 22,494 shares, the short-interest ratio is presently 1.3 days.

FT Vest U.S. Equity Buffer ETF – May Stock Down 0.0%

FMAY stock traded down $0.02 during midday trading on Monday, reaching $55.55. The company’s stock had a trading volume of 1,581 shares, compared to its average volume of 23,403. FT Vest U.S. Equity Buffer ETF – May has a 52 week low of $47.70 and a 52 week high of $55.64. The stock has a market cap of $1.04 billion, a PE ratio of 23.87 and a beta of 0.57. The business’s 50-day simple moving average is $54.16 and its 200-day simple moving average is $53.59.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FMAY. FOCUS Wealth Advisors LLC increased its stake in FT Vest U.S. Equity Buffer ETF – May by 2.9% in the fourth quarter. FOCUS Wealth Advisors LLC now owns 496,565 shares of the company’s stock valued at $26,541,000 after purchasing an additional 13,804 shares in the last quarter. Assetmark Inc. grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 9.9% in the 1st quarter. Assetmark Inc. now owns 266,045 shares of the company’s stock valued at $14,047,000 after buying an additional 24,007 shares during the period. Raymond James Financial Inc. grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 7.4% in the 2nd quarter. Raymond James Financial Inc. now owns 253,436 shares of the company’s stock valued at $12,679,000 after buying an additional 17,361 shares during the period. Cetera Investment Advisers increased its position in shares of FT Vest U.S. Equity Buffer ETF – May by 26.8% in the 4th quarter. Cetera Investment Advisers now owns 253,019 shares of the company’s stock valued at $13,524,000 after buying an additional 53,495 shares in the last quarter. Finally, REAP Financial Group LLC raised its stake in FT Vest U.S. Equity Buffer ETF – May by 12.7% during the 3rd quarter. REAP Financial Group LLC now owns 178,324 shares of the company’s stock worth $9,317,000 after buying an additional 20,103 shares during the period.

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

The FT Cboe Vest U.S. Equity Buffer ETF – May (FMAY) 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. FMAY was launched on May 15, 2020 and is managed by First Trust.