FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) Sees Significant Decline in Short Interest

FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 23,371 shares, a drop of 69.7% from the May 14th total of 77,016 shares. Based on an average trading volume of 16,832 shares, the short-interest ratio is currently 1.4 days. Approximately 0.2% of the shares of the company are sold short.

FT Vest Nasdaq-100 Buffer ETF – March Trading Up 0.2%

QMAR opened at $36.96 on Friday. FT Vest Nasdaq-100 Buffer ETF – March has a 1-year low of $30.15 and a 1-year high of $37.41. The company has a market capitalization of $535.92 million, a PE ratio of 35.47 and a beta of 0.71. The firm’s 50 day simple moving average is $36.24 and its two-hundred day simple moving average is $34.22.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. raised its position in FT Vest Nasdaq-100 Buffer ETF – March by 2.3% in the first quarter. Sunbelt Securities Inc. now owns 13,286 shares of the company’s stock worth $447,000 after acquiring an additional 296 shares during the period. Advisory Services Network LLC raised its position in FT Vest Nasdaq-100 Buffer ETF – March by 1.9% in the fourth quarter. Advisory Services Network LLC now owns 34,430 shares of the company’s stock worth $1,136,000 after acquiring an additional 633 shares during the period. 1776 Wealth LLC raised its position in FT Vest Nasdaq-100 Buffer ETF – March by 3.7% in the fourth quarter. 1776 Wealth LLC now owns 41,106 shares of the company’s stock worth $1,357,000 after acquiring an additional 1,461 shares during the period. Finally, Parallel Advisors LLC bought a new position in FT Vest Nasdaq-100 Buffer ETF – March in the first quarter worth approximately $378,000.

FT Vest Nasdaq-100 Buffer ETF – March Company Profile

The FT Cboe Vest Nasdaq-100 Buffer ETF – March (QMAR) is an exchange-traded fund that is based on the NASDAQ 100 – USD index. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively-managed fund holds options and collateral. QMAR was launched on Mar 19, 2021 and is managed by First Trust.