FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Short Interest Update

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 52,588 shares, an increase of 75.1% from the April 30th total of 30,039 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 73,117 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 0.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 23,021 shares of the company’s stock worth $1,216,000 after purchasing an additional 184 shares during the period. Concurrent Investment Advisors LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 2.5% during the 4th quarter. Concurrent Investment Advisors LLC now owns 7,936 shares of the company’s stock worth $424,000 after purchasing an additional 190 shares during the period. Integrated Advisors Network LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 0.5% during the 1st quarter. Integrated Advisors Network LLC now owns 41,644 shares of the company’s stock worth $2,199,000 after purchasing an additional 197 shares during the period. Beacon Financial Advisory LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 2.8% during the 4th quarter. Beacon Financial Advisory LLC now owns 7,710 shares of the company’s stock worth $412,000 after purchasing an additional 210 shares during the period. Finally, Transcend Capital Advisors LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 1.4% during the 3rd quarter. Transcend Capital Advisors LLC now owns 16,827 shares of the company’s stock worth $879,000 after purchasing an additional 225 shares during the period.

FT Vest U.S. Equity Buffer ETF – May Stock Performance

Shares of BATS:FMAY opened at $56.47 on Tuesday. The business’s fifty day moving average price is $54.73 and its two-hundred day moving average price is $53.85. The stock has a market cap of $1.06 billion, a PE ratio of 23.87 and a beta of 0.57. FT Vest U.S. Equity Buffer ETF – May has a one year low of $48.30 and a one year high of $56.57.

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

The FT Cboe Vest U.S. Equity Buffer ETF – May (FMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FMAY was launched on May 15, 2020 and is managed by First Trust.