FT Vest U.S. Equity Deep Buffer ETF – May (BATS:DMAY) Sees Significant Increase in Short Interest

FT Vest U.S. Equity Deep Buffer ETF – May (BATS:DMAY) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 155,178 shares, a growth of 2,205.1% from the April 30th total of 6,732 shares. Based on an average trading volume of 40,558 shares, the days-to-cover ratio is presently 3.8 days. Currently, 2.3% of the company’s stock are short sold.

FT Vest U.S. Equity Deep Buffer ETF – May Trading Up 0.3%

FT Vest U.S. Equity Deep Buffer ETF – May stock opened at $47.23 on Friday. The business’s fifty day simple moving average is $46.10 and its two-hundred day simple moving average is $45.51. FT Vest U.S. Equity Deep Buffer ETF – May has a 12 month low of $41.61 and a 12 month high of $47.24. The company has a market capitalization of $314.08 million, a price-to-earnings ratio of 24.53 and a beta of 0.42.

Institutional Investors Weigh In On FT Vest U.S. Equity Deep Buffer ETF – May

Several hedge funds have recently added to or reduced their stakes in the stock. Winnow Wealth LLC purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – May in the third quarter worth $534,000. Envestnet Asset Management Inc. raised its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – May by 6.5% in the third quarter. Envestnet Asset Management Inc. now owns 181,908 shares of the company’s stock worth $8,062,000 after purchasing an additional 11,132 shares during the last quarter. Ritter Daniher Financial Advisory LLC DE purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – May in the third quarter worth $1,341,000. Truist Financial Corp raised its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – May by 1.4% in the third quarter. Truist Financial Corp now owns 140,976 shares of the company’s stock worth $6,248,000 after purchasing an additional 1,987 shares during the last quarter. Finally, Core Wealth Partners LLC raised its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – May by 5.6% in the third quarter. Core Wealth Partners LLC now owns 6,600 shares of the company’s stock worth $293,000 after purchasing an additional 350 shares during the last quarter.

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

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