FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) Shares Shorted: Short Interest Up 916.6% in October

FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 10,085 shares, an increase of 916.6% from the September 30th total of 992 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 13,476 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of FT Vest U.S. Equity Moderate Buffer ETF – May

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 1,310.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 514,026 shares of the company’s stock valued at $22,124,000 after purchasing an additional 477,587 shares during the period. Kestra Advisory Services LLC lifted its holdings in FT Vest U.S. Equity Moderate Buffer ETF – May by 15.0% in the 1st quarter. Kestra Advisory Services LLC now owns 201,100 shares of the company’s stock valued at $8,257,000 after purchasing an additional 26,214 shares in the last quarter. POM Investment Strategies LLC purchased a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the second quarter worth about $7,208,000. Milestone Asset Management LLC boosted its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 4.7% during the 3rd quarter. Milestone Asset Management LLC now owns 156,493 shares of the company’s stock worth $6,873,000 after purchasing an additional 6,991 shares during the last quarter. Finally, BAM Wealth Management LLC acquired a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May during the 2nd quarter valued at about $4,328,000.

FT Vest U.S. Equity Moderate Buffer ETF – May Stock Up 0.3%

BATS:GMAY opened at $44.06 on Tuesday. FT Vest U.S. Equity Moderate Buffer ETF – May has a 52 week low of $40.22 and a 52 week high of $44.99. The firm has a 50 day moving average of $43.97 and a 200 day moving average of $42.69. The stock has a market capitalization of $356.00 million, a price-to-earnings ratio of 24.47 and a beta of 0.47.

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

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.