FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) Sees Large Drop in Short Interest

FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 8,987 shares, a decrease of 40.9% from the September 15th total of 15,217 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 3,798 shares, the days-to-cover ratio is currently 2.4 days.

FT Vest U.S. Small Cap Moderate Buffer ETF – May Stock Performance

Shares of BATS SMAY opened at $27.26 on Thursday. FT Vest U.S. Small Cap Moderate Buffer ETF – May has a 52-week low of $24.89 and a 52-week high of $28.86. The stock has a market cap of $111.77 million, a P/E ratio of 16.31 and a beta of 0.73. The firm has a 50 day moving average price of $28.20 and a 200 day moving average price of $27.80.

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

A number of large investors have recently bought and sold shares of the business. Fragasso Financial Advisors Inc bought a new stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May during the 3rd quarter worth approximately $358,000. Avidian Wealth Enterprises LLC bought a new position in FT Vest U.S. Small Cap Moderate Buffer ETF – May in the third quarter valued at approximately $365,000. Quad Cities Investment Group LLC bought a new position in FT Vest U.S. Small Cap Moderate Buffer ETF – May in the second quarter valued at approximately $610,000. First Heartland Consultants Inc. boosted its holdings in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May by 3.2% in the second quarter. First Heartland Consultants Inc. now owns 33,012 shares of the company’s stock valued at $937,000 after buying an additional 1,012 shares during the period. Finally, Kestra Advisory Services LLC boosted its holdings in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May by 46.1% in the first quarter. Kestra Advisory Services LLC now owns 36,117 shares of the company’s stock valued at $950,000 after buying an additional 11,393 shares during the period.

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

The FT Cboe Vest U.S. Small Cap Moderate Buffer ETF – May (SMAY) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims for specific buffered losses and capped gains on the iShares Russell 2000 ETF over a specific holdings period. The actively managed fund holds options and collateral. SMAY was launched on May 19, 2023 and is managed by First Trust.