FT Vest U.S. Equity Quarterly Max Buffer ETF (BATS:SQMX) Short Interest Up 56.9% in August

FT Vest U.S. Equity Quarterly Max Buffer ETF (BATS:SQMX) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 17,480 shares, a growth of 56.9% from the July 30th total of 11,138 shares. Based on an average daily volume of 4,510 shares, the short-interest ratio is currently 3.9 days. Currently, 14.0% of the company’s shares are sold short.

FT Vest U.S. Equity Quarterly Max Buffer ETF Trading Down 0.3%

SQMX opened at $34.65 on Wednesday. The firm’s fifty day moving average is $34.43 and its two-hundred day moving average is $33.98. FT Vest U.S. Equity Quarterly Max Buffer ETF has a twelve month low of $32.33 and a twelve month high of $34.82.

Institutional Trading of FT Vest U.S. Equity Quarterly Max Buffer ETF

Hedge funds have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC bought a new position in FT Vest U.S. Equity Quarterly Max Buffer ETF during the first quarter worth about $355,000. Cresset Asset Management LLC acquired a new stake in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF during the second quarter worth about $200,000. Osaic Holdings Inc. bought a new position in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF during the 2nd quarter valued at about $79,000. Legacy Wealth Managment LLC ID lifted its holdings in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF by 13.8% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 6,133 shares of the company’s stock valued at $205,000 after purchasing an additional 743 shares in the last quarter. Finally, Insigneo Advisory Services LLC acquired a new position in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF in the 4th quarter valued at approximately $230,000.

FT Vest U.S. Equity Quarterly Max Buffer ETF Company Profile

The FT Vest U.S. Equity Quarterly Max Buffer ETF (SQMX) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to deliver returns that match the SPDR S&P 500 ETF Trust price performance up to a set upside cap, while providing a dynamic buffer of 5% or 7.5% against losses over a three-month period. The fund employs FLEX options to implement this strategy and resets its cap and buffer each quarter. SQMX was launched on Dec 20, 2024 and is issued by First Trust.