FT Vest U.S. Equity Deep Buffer ETF – May (BATS:DMAY) Stock Short Interest Falls 94.0%

FT Vest U.S. Equity Deep Buffer ETF – May (BATS:DMAY) was the target of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 1,274 shares, a decline of 94.0% from the October 15th total of 21,177 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 7,313 shares, the short-interest ratio is currently 0.2 days.

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

A number of hedge funds have recently modified their holdings of the company. Commonwealth Equity Services LLC bought a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – May during the third quarter valued at about $6,777,000. Founders Financial Securities LLC bought a new stake in shares of FT Vest U.S. Equity Deep Buffer ETF – May in the third quarter worth about $4,369,000. Envestnet Asset Management Inc. increased its holdings in FT Vest U.S. Equity Deep Buffer ETF – May by 36.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 300,279 shares of the company’s stock valued at $14,149,000 after purchasing an additional 79,895 shares during the period. Harbour Investments Inc. purchased a new position in FT Vest U.S. Equity Deep Buffer ETF – May during the 3rd quarter valued at about $3,333,000. Finally, Decker Wealth Management LLC purchased a new position in FT Vest U.S. Equity Deep Buffer ETF – May during the 1st quarter valued at about $2,089,000.

FT Vest U.S. Equity Deep Buffer ETF – May Stock Performance

Shares of DMAY stock opened at $47.55 on Wednesday. The stock has a 50 day moving average price of $48.00 and a two-hundred day moving average price of $46.86. FT Vest U.S. Equity Deep Buffer ETF – May has a fifty-two week low of $44.02 and a fifty-two week high of $48.54. The company has a market capitalization of $388.96 million, a P/E ratio of 24.53 and a beta of 0.47.

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

The FT Cboe Vest U.S. Equity Deep Buffer ETF – May (DMAY) 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. DMAY was launched on May 15, 2020 and is managed by First Trust.