FT Vest Nasdaq-100 Moderate Buffer ETF – May (BATS:QMMY) Sees Large Drop in Short Interest

FT Vest Nasdaq-100 Moderate Buffer ETF – May (BATS:QMMY) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 36,417 shares, a decrease of 47.9% from the July 15th total of 69,872 shares. Approximately 1.1% of the shares of the stock are sold short. Based on an average trading volume of 29,150 shares, the days-to-cover ratio is presently 1.2 days.

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

QMMY stock opened at $26.64 on Friday. The firm has a fifty day moving average price of $26.16 and a 200 day moving average price of $25.74. FT Vest Nasdaq-100 Moderate Buffer ETF – May has a fifty-two week low of $23.82 and a fifty-two week high of $26.77.

Hedge Funds Weigh In On FT Vest Nasdaq-100 Moderate Buffer ETF – May

Several institutional investors have recently bought and sold shares of QMMY. Janney Montgomery Scott LLC grew 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 worth $6,076,000 after buying an additional 3,719 shares in the last quarter. Kestra Advisory Services LLC raised its position in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – May by 58.3% during the 1st quarter. Kestra Advisory Services LLC now owns 178,508 shares of the company’s stock valued at $4,433,000 after buying an additional 65,729 shares in the last quarter. Sunbelt Securities Inc. raised its position in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – May by 54.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 23,425 shares of the company’s stock valued at $574,000 after buying an additional 8,290 shares in the last quarter. Finally, First Heartland Consultants Inc. lifted its holdings in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – May by 46.1% in the 2nd quarter. First Heartland Consultants Inc. now owns 15,935 shares of the company’s stock valued at $422,000 after acquiring an additional 5,030 shares during the last quarter.

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.