FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Short Interest Down 88.3% in May

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,739 shares, a drop of 88.3% from the April 30th total of 14,917 shares. Based on an average trading volume of 13,992 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

FT Vest U.S. Equity Buffer ETF – March Price Performance

Shares of FMAR stock opened at $52.07 on Thursday. FT Vest U.S. Equity Buffer ETF – March has a 1 year low of $43.30 and a 1 year high of $52.25. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 23.86 and a beta of 0.59. The firm has a fifty day moving average price of $50.33 and a 200-day moving average price of $48.47.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – March

Hedge funds and other institutional investors have recently made changes to their positions in the company. Centaurus Financial Inc. raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 143.3% in the first quarter. Centaurus Financial Inc. now owns 15,444 shares of the company’s stock valued at $749,000 after acquiring an additional 9,096 shares in the last quarter. Arkadios Wealth Advisors bought a new position in FT Vest U.S. Equity Buffer ETF – March during the 1st quarter worth about $202,000. Sunbelt Securities Inc. increased its position in FT Vest U.S. Equity Buffer ETF – March by 38.4% during the 1st quarter. Sunbelt Securities Inc. now owns 6,209 shares of the company’s stock valued at $301,000 after purchasing an additional 1,723 shares during the period. Royal Bank of Canada increased its position in FT Vest U.S. Equity Buffer ETF – March by 1.5% during the 1st quarter. Royal Bank of Canada now owns 37,635 shares of the company’s stock valued at $1,825,000 after purchasing an additional 570 shares during the period. Finally, Gateway Wealth Partners LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – March in the 1st quarter valued at about $346,000.

About FT Vest U.S. Equity Buffer ETF – March

The FT Cboe Vest U.S. Equity Buffer ETF – March (FMAR) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPY over a specific holding period. The actively-managed fund holds options and collateral. FMAR was launched on Mar 19, 2021 and is managed by First Trust.