FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) Short Interest Update

FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 40,257 shares, an increase of 2,931.4% from the April 30th total of 1,328 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 24,631 shares, the short-interest ratio is currently 1.6 days.

FT Vest U.S. Small Cap Moderate Buffer ETF – May Trading Down 0.0%

Shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May stock traded down $0.01 during trading on Wednesday, hitting $27.79. 22,572 shares of the stock traded hands, compared to its average volume of 15,230. The firm has a market cap of $113.94 million, a P/E ratio of 16.31 and a beta of 0.73. FT Vest U.S. Small Cap Moderate Buffer ETF – May has a 52-week low of $23.15 and a 52-week high of $27.84. The stock’s fifty day simple moving average is $26.87 and its 200 day simple moving average is $26.36.

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

Several institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC increased its stake in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May by 46.1% during the first quarter. Kestra Advisory Services LLC now owns 36,117 shares of the company’s stock valued at $950,000 after buying an additional 11,393 shares during the period. Advisory Services Network LLC increased its stake in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May by 2.0% during the fourth quarter. Advisory Services Network LLC now owns 58,345 shares of the company’s stock valued at $1,515,000 after buying an additional 1,165 shares during the period. Arkadios Wealth Advisors purchased a new position in FT Vest U.S. Small Cap Moderate Buffer ETF – May in the fourth quarter valued at about $708,000. CoreCap Advisors LLC purchased a new position in FT Vest U.S. Small Cap Moderate Buffer ETF – May in the fourth quarter valued at about $120,000. Finally, Sunbelt Securities Inc. grew its stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 68.8% in the third quarter. Sunbelt Securities Inc. now owns 1,578 shares of the company’s stock valued at $40,000 after purchasing an additional 643 shares during the last quarter.

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

The FT Cboe Vest U.S. Small Cap Moderate Buffer ETF – May (SMAY) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims for specific buffered losses and capped gains on the iShares Russell 2000 ETF over a specific holdings period. The actively managed fund holds options and collateral. SMAY was launched on May 19, 2023 and is managed by First Trust.