Short Interest in FT Vest U.S. Equity Moderate Buffer ETF – March (BATS:GMAR) Expands By 3,401.3%

FT Vest U.S. Equity Moderate Buffer ETF – March (BATS:GMAR) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 5,427 shares, an increase of 3,401.3% from the August 15th total of 155 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 8,839 shares, the short-interest ratio is presently 0.6 days.

FT Vest U.S. Equity Moderate Buffer ETF – March Stock Performance

BATS:GMAR traded down $0.09 during mid-day trading on Thursday, hitting $44.93. 11,075 shares of the stock were exchanged, compared to its average volume of 29,804. The firm’s 50-day simple moving average is $44.69 and its 200 day simple moving average is $43.56. The stock has a market capitalization of $506.81 million, a price-to-earnings ratio of 24.71 and a beta of 0.41. FT Vest U.S. Equity Moderate Buffer ETF – March has a fifty-two week low of $39.90 and a fifty-two week high of $45.25.

Institutional Investors Weigh In On FT Vest U.S. Equity Moderate Buffer ETF – March

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Smartleaf Asset Management LLC bought a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – March in the fourth quarter valued at about $38,000. Advisory Services Network LLC bought a new position in FT Vest U.S. Equity Moderate Buffer ETF – March during the third quarter worth about $47,000. Geneos Wealth Management Inc. increased its position in FT Vest U.S. Equity Moderate Buffer ETF – March by 60.1% during the second quarter. Geneos Wealth Management Inc. now owns 4,045 shares of the company’s stock worth $158,000 after acquiring an additional 1,519 shares during the period. FSB Premier Wealth Management Inc. acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – March in the 2nd quarter worth about $208,000. Finally, StoneX Group Inc. acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – March in the 2nd quarter worth about $210,000.

About FT Vest U.S. Equity Moderate Buffer ETF – March

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – March (GMAR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively managed fund holds options and collateral. GMAR was launched on Mar 17, 2023 and is managed by First Trust.