FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) Sees Large Decline in Short Interest

FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 57,512 shares, a decrease of 36.3% from the June 30th total of 90,305 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 82,284 shares, the short-interest ratio is currently 0.7 days.

FT Vest U.S. Equity Moderate Buffer ETF – May Stock Up 1.0%

GMAY stock opened at $43.02 on Friday. FT Vest U.S. Equity Moderate Buffer ETF – May has a 52-week low of $39.22 and a 52-week high of $44.99. The stock’s 50 day moving average is $42.98 and its two-hundred day moving average is $42.18. The company has a market capitalization of $347.60 million, a PE ratio of 24.47 and a beta of 0.47.

Institutional Trading of FT Vest U.S. Equity Moderate Buffer ETF – May

Hedge funds have recently made changes to their positions in the stock. CoreCap Advisors LLC boosted its stake in FT Vest U.S. Equity Moderate Buffer ETF – May by 4.0% during the 2nd quarter. CoreCap Advisors LLC now owns 9,140 shares of the company’s stock valued at $393,000 after acquiring an additional 350 shares during the last quarter. Nvest Financial LLC increased its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 5.8% in the 4th quarter. Nvest Financial LLC now owns 7,607 shares of the company’s stock worth $314,000 after purchasing an additional 415 shares during the last quarter. Focus Partners Wealth increased its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 3.2% in the 3rd quarter. Focus Partners Wealth now owns 16,753 shares of the company’s stock worth $678,000 after purchasing an additional 513 shares during the last quarter. Brookstone Capital Management raised its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 2.5% in the 1st quarter. Brookstone Capital Management now owns 29,755 shares of the company’s stock valued at $1,222,000 after purchasing an additional 713 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC lifted its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 14.2% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 5,860 shares of the company’s stock worth $242,000 after purchasing an additional 727 shares during the last quarter.

About FT Vest U.S. Equity Moderate Buffer ETF – May

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – May (GMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GMAY was launched on May 19, 2023 and is managed by First Trust.