Short Interest in FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) Increases By 76.9%

FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 61,176 shares, an increase of 76.9% from the May 14th total of 34,587 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 177,426 shares, the short-interest ratio is presently 0.3 days.

FT Vest U.S. Equity Moderate Buffer ETF – May Trading Up 0.8%

FT Vest U.S. Equity Moderate Buffer ETF – May stock traded up $0.34 during midday trading on Monday, reaching $43.16. The stock had a trading volume of 1,897 shares, compared to its average volume of 58,842. The company has a fifty day moving average price of $42.51 and a two-hundred day moving average price of $41.73. FT Vest U.S. Equity Moderate Buffer ETF – May has a 12 month low of $38.32 and a 12 month high of $44.99. The company has a market capitalization of $348.73 million, a P/E ratio of 24.47 and a beta of 0.47.

Hedge Funds Weigh In On FT Vest U.S. Equity Moderate Buffer ETF – May

Large investors have recently modified their holdings of the company. Ausdal Financial Partners Inc. acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – May in the 2nd quarter valued at $16,688,000. TopTier Wealth Management LLC bought a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the fourth quarter valued at $2,466,000. Ballast Rock Private Wealth LLC bought a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the fourth quarter valued at $1,476,000. Kestra Advisory Services LLC grew its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 15.0% during the first quarter. Kestra Advisory Services LLC now owns 201,100 shares of the company’s stock valued at $8,257,000 after buying an additional 26,214 shares during the last quarter. Finally, Savvy Advisors Inc. grew its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 142.3% during the fourth quarter. Savvy Advisors Inc. now owns 34,498 shares of the company’s stock valued at $1,425,000 after buying an additional 20,258 shares during the last quarter.

FT Vest U.S. Equity Moderate Buffer ETF – May Company Profile

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.