FT Vest U.S. Equity Deep Buffer ETF – May (BATS:DMAY) Stock Short Interest Falls 94.0%

FT Vest U.S. Equity Deep Buffer ETF – May (BATS:DMAY) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 1,274 shares, a decrease of 94.0% from the October 15th total of 21,177 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 7,313 shares, the short-interest ratio is presently 0.2 days.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Triumph Capital Management grew its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – May by 81.8% in the second quarter. Triumph Capital Management now owns 1,167 shares of the company’s stock worth $55,000 after acquiring an additional 525 shares in the last quarter. Bullseye Investment Management LLC purchased a new stake in FT Vest U.S. Equity Deep Buffer ETF – May during the 2nd quarter worth about $71,000. HighTower Advisors LLC acquired a new stake in FT Vest U.S. Equity Deep Buffer ETF – May in the 3rd quarter valued at about $243,000. First Heartland Consultants Inc. purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – May in the 3rd quarter valued at about $304,000. Finally, Madrona Financial Services LLC acquired a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – May during the third quarter worth about $377,000.

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

Shares of DMAY traded down $0.14 during mid-day trading on Tuesday, hitting $47.55. 3,880 shares of the company’s stock were exchanged, compared to its average volume of 17,743. The company has a market cap of $388.96 million, a price-to-earnings ratio of 24.53 and a beta of 0.47. FT Vest U.S. Equity Deep Buffer ETF – May has a fifty-two week low of $44.02 and a fifty-two week high of $48.54. The stock’s 50-day moving average is $48.01 and its 200-day moving average is $46.85.

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

The FT Cboe Vest U.S. Equity Deep Buffer ETF – May (DMAY) 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. DMAY was launched on May 15, 2020 and is managed by First Trust.