Short Interest in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March (BATS:XMAR) Drops By 83.7%

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March (BATS:XMAR) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 9,374 shares, a decrease of 83.7% from the June 30th total of 57,595 shares. Based on an average trading volume of 9,839 shares, the short-interest ratio is currently 1.0 days. Approximately 0.2% of the shares of the stock are sold short.

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

BATS:XMAR opened at $42.75 on Friday. The stock has a fifty day moving average price of $42.62 and a two-hundred day moving average price of $41.38. The stock has a market capitalization of $200.93 million, a price-to-earnings ratio of 24.93 and a beta of 0.23. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March has a 1 year low of $38.41 and a 1 year high of $42.92.

Hedge Funds Weigh In On FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March

Institutional investors and hedge funds have recently made changes to their positions in the stock. Sound Income Strategies LLC purchased a new stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March during the fourth quarter worth about $53,000. Fifth Third Bancorp acquired a new position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March during the first quarter worth about $148,000. FSB Premier Wealth Management Inc. purchased a new position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March in the second quarter valued at about $204,000. Independent Financial Group LLC purchased a new position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March in the first quarter valued at about $249,000. Finally, Janney Montgomery Scott LLC lifted its position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March by 10.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 10,600 shares of the company’s stock valued at $423,000 after acquiring an additional 1,000 shares during the period.

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

The FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF – March (XMAR) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a specific holdings period. The actively managed fund holds options and collateral. XMAR was launched on Mar 17, 2023 and is managed by First Trust.