FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) Short Interest Update

FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 23,287 shares, a decline of 42.2% from the May 14th total of 40,257 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 36,622 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On FT Vest U.S. Small Cap Moderate Buffer ETF – May

A number of institutional investors and hedge funds have recently made changes to their positions in SMAY. Arkadios Wealth Advisors purchased a new stake in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May in the 4th quarter valued at approximately $708,000. Kestra Advisory Services LLC raised its stake in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May by 46.1% in the 1st quarter. Kestra Advisory Services LLC now owns 36,117 shares of the company’s stock valued at $950,000 after acquiring an additional 11,393 shares during the period. CoreCap Advisors LLC purchased a new stake in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May in the 4th quarter valued at approximately $120,000. Advisory Services Network LLC raised its stake in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May by 2.0% in the 4th quarter. Advisory Services Network LLC now owns 58,345 shares of the company’s stock valued at $1,515,000 after acquiring an additional 1,165 shares during the period. Finally, Sunbelt Securities Inc. raised its stake in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May by 68.8% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,578 shares of the company’s stock valued at $40,000 after acquiring an additional 643 shares during the period.

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

FT Vest U.S. Small Cap Moderate Buffer ETF – May stock opened at $27.94 on Friday. The company’s 50 day simple moving average is $27.24 and its 200-day simple moving average is $26.55. The company has a market capitalization of $114.55 million, a price-to-earnings ratio of 16.31 and a beta of 0.73. FT Vest U.S. Small Cap Moderate Buffer ETF – May has a 1 year low of $23.42 and a 1 year high of $27.99.

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

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.