Short Interest in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Increases By 75.1%

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 52,588 shares, a growth of 75.1% from the April 30th total of 30,039 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 73,117 shares, the short-interest ratio is presently 0.7 days.

FT Vest U.S. Equity Buffer ETF – May Stock Down 0.4%

BATS:FMAY opened at $56.33 on Thursday. The stock’s 50-day simple moving average is $54.87 and its 200 day simple moving average is $53.91. The firm has a market capitalization of $1.06 billion, a PE ratio of 23.87 and a beta of 0.57. FT Vest U.S. Equity Buffer ETF – May has a twelve month low of $48.53 and a twelve month high of $56.57.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. FOCUS Wealth Advisors LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 2.9% in the fourth quarter. FOCUS Wealth Advisors LLC now owns 496,565 shares of the company’s stock worth $26,541,000 after purchasing an additional 13,804 shares during the last quarter. Assetmark Inc. grew its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 9.9% in the first quarter. Assetmark Inc. now owns 266,045 shares of the company’s stock worth $14,047,000 after purchasing an additional 24,007 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 7.4% in the second quarter. Raymond James Financial Inc. now owns 253,436 shares of the company’s stock worth $12,679,000 after purchasing an additional 17,361 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 26.8% in the fourth quarter. Cetera Investment Advisers now owns 253,019 shares of the company’s stock worth $13,524,000 after acquiring an additional 53,495 shares during the period. Finally, REAP Financial Group LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 12.7% in the third quarter. REAP Financial Group LLC now owns 178,324 shares of the company’s stock worth $9,317,000 after acquiring an additional 20,103 shares during the period.

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

The FT Cboe Vest U.S. Equity Buffer ETF – May (FMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FMAY was launched on May 15, 2020 and is managed by First Trust.