Short Interest in FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) Increases By 1,341.2%

FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 16,574 shares, an increase of 1,341.2% from the April 15th total of 1,150 shares. Based on an average daily volume of 20,052 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. CoreCap Advisors LLC raised its position in FT Vest U.S. Equity Moderate Buffer ETF – May by 4.3% during the third quarter. CoreCap Advisors LLC now owns 8,414 shares of the company’s stock valued at $341,000 after purchasing an additional 344 shares in the last quarter. Chris Bulman Inc raised its position in FT Vest U.S. Equity Moderate Buffer ETF – May by 1.3% during the fourth quarter. Chris Bulman Inc now owns 28,461 shares of the company’s stock valued at $1,175,000 after purchasing an additional 377 shares in the last quarter. Nvest Financial LLC raised its position in FT Vest U.S. Equity Moderate Buffer ETF – May by 5.8% during the fourth quarter. Nvest Financial LLC now owns 7,607 shares of the company’s stock valued at $314,000 after purchasing an additional 415 shares in the last quarter. NorthCrest Asset Manangement LLC raised its position in FT Vest U.S. Equity Moderate Buffer ETF – May by 4.8% during the third quarter. NorthCrest Asset Manangement LLC now owns 10,156 shares of the company’s stock valued at $412,000 after purchasing an additional 465 shares in the last quarter. Finally, RFG Advisory LLC raised its position in FT Vest U.S. Equity Moderate Buffer ETF – May by 8.2% during the third quarter. RFG Advisory LLC now owns 6,665 shares of the company’s stock valued at $270,000 after purchasing an additional 504 shares in the last quarter.

FT Vest U.S. Equity Moderate Buffer ETF – May Price Performance

Shares of GMAY opened at $42.61 on Tuesday. FT Vest U.S. Equity Moderate Buffer ETF – May has a one year low of $37.19 and a one year high of $42.70. The company has a market cap of $344.29 million, a P/E ratio of 24.47 and a beta of 0.47. The firm has a 50 day simple moving average of $41.76 and a two-hundred day simple moving average of $41.36.

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

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – May (GMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GMAY was launched on May 19, 2023 and is managed by First Trust.