FT Vest U.S. Equity Quarterly Max Buffer ETF (BATS:SQMX) Stock Short Interest Report for October

FT Vest U.S. Equity Quarterly Max Buffer ETF (BATS:SQMX) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 6,489 shares, a drop of 38.2% from the September 30th total of 10,492 shares. Based on an average trading volume of 15,967 shares, the short-interest ratio is presently 0.4 days. Currently, 5.2% of the company’s shares are short sold.

Hedge Funds Weigh In On FT Vest U.S. Equity Quarterly Max Buffer ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Hollencrest Capital Management purchased a new position in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF during the first quarter worth approximately $46,000. Atlantic Private Wealth LLC purchased a new stake in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF in the second quarter valued at approximately $68,000. Envestnet Asset Management Inc. purchased a new stake in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF in the second quarter valued at approximately $446,000. Citadel Advisors LLC bought a new position in FT Vest U.S. Equity Quarterly Max Buffer ETF in the second quarter worth approximately $2,214,000. Finally, Axxcess Wealth Management LLC bought a new position in FT Vest U.S. Equity Quarterly Max Buffer ETF in the third quarter worth approximately $3,178,000.

FT Vest U.S. Equity Quarterly Max Buffer ETF Stock Performance

SQMX stock opened at $34.85 on Monday. FT Vest U.S. Equity Quarterly Max Buffer ETF has a twelve month low of $32.53 and a twelve month high of $35.11. The firm’s fifty day simple moving average is $34.85 and its two-hundred day simple moving average is $34.12.

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.