Short Interest in FT Vest Nasdaq-100 Moderate Buffer ETF – May (BATS:QMMY) Drops By 39.3%

FT Vest Nasdaq-100 Moderate Buffer ETF – May (BATS:QMMY) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 69,872 shares, a decrease of 39.3% from the June 30th total of 115,126 shares. Approximately 2.1% of the shares of the stock are sold short. Based on an average daily volume of 31,381 shares, the days-to-cover ratio is currently 2.2 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in QMMY. First Heartland Consultants Inc. grew its position in FT Vest Nasdaq-100 Moderate Buffer ETF – May by 46.1% in the second quarter. First Heartland Consultants Inc. now owns 15,935 shares of the company’s stock worth $422,000 after acquiring an additional 5,030 shares in the last quarter. Kestra Advisory Services LLC raised its position in FT Vest Nasdaq-100 Moderate Buffer ETF – May by 58.3% during the first quarter. Kestra Advisory Services LLC now owns 178,508 shares of the company’s stock valued at $4,433,000 after purchasing an additional 65,729 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – May by 1.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 242,677 shares of the company’s stock valued at $6,076,000 after purchasing an additional 3,719 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its holdings in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – May by 54.8% in the 3rd quarter. Sunbelt Securities Inc. now owns 23,425 shares of the company’s stock worth $574,000 after purchasing an additional 8,290 shares during the period.

FT Vest Nasdaq-100 Moderate Buffer ETF – May Price Performance

Shares of BATS:QMMY opened at $25.30 on Thursday. FT Vest Nasdaq-100 Moderate Buffer ETF – May has a 52 week low of $23.64 and a 52 week high of $26.64. The firm has a fifty day simple moving average of $26.18 and a two-hundred day simple moving average of $25.64.

About FT Vest Nasdaq-100 Moderate Buffer ETF – May

The FT Vest Nasdaq-100 Moderate Buffer ETF – May (QMMY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively managed fund holds options and collateral. QMMY was launched on May 17, 2024 and is issued by First Trust.