FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) Stock Short Interest Declines 50.1%

FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY – Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 16,663 shares, a drop of 50.1% from the August 31st total of 33,360 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 14,271 shares, the days-to-cover ratio is presently 1.2 days.

FT Vest U.S. Equity Moderate Buffer ETF – May Stock Down 0.4%

FT Vest U.S. Equity Moderate Buffer ETF – May stock opened at $43.93 on Tuesday. The firm has a fifty day simple moving average of $43.70 and a two-hundred day simple moving average of $42.87. FT Vest U.S. Equity Moderate Buffer ETF – May has a twelve month low of $40.21 and a twelve month high of $44.99. The company has a market capitalization of $354.95 million, a PE ratio of 24.47 and a beta of 0.47.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Envestnet Portfolio Solutions Inc. purchased a new stake in FT Vest U.S. Equity Moderate Buffer ETF – May during the 2nd quarter valued at about $252,000. Envestnet Asset Management Inc. grew its position in FT Vest U.S. Equity Moderate Buffer ETF – May by 1,310.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 514,026 shares of the company’s stock worth $22,124,000 after acquiring an additional 477,587 shares during the last quarter. Bullseye Investment Management LLC purchased a new position in FT Vest U.S. Equity Moderate Buffer ETF – May in the 2nd quarter worth approximately $486,000. NewEdge Advisors LLC purchased a new position in FT Vest U.S. Equity Moderate Buffer ETF – May in the 2nd quarter worth approximately $221,000. Finally, Citadel Advisors LLC purchased a new position in FT Vest U.S. Equity Moderate Buffer ETF – May in the 2nd quarter worth approximately $436,000.

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

(Get Free Report)

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.

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