FT Vest U.S. Equity Max Buffer ETF – May (BATS:MAYM) Short Interest Up 131.6% in May

FT Vest U.S. Equity Max Buffer ETF – May (BATS:MAYM) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 6,653 shares, an increase of 131.6% from the April 30th total of 2,873 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average trading volume of 9,474 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC bought a new position in shares of FT Vest U.S. Equity Max Buffer ETF – May in the third quarter worth $49,000. Ameritas Advisory Services LLC bought a new position in shares of FT Vest U.S. Equity Max Buffer ETF – May in the third quarter worth $57,000. Osaic Holdings Inc. bought a new position in shares of FT Vest U.S. Equity Max Buffer ETF – May in the second quarter worth $101,000. Kestra Advisory Services LLC bought a new position in shares of FT Vest U.S. Equity Max Buffer ETF – May in the fourth quarter worth $149,000. Finally, Barclays PLC increased its holdings in shares of FT Vest U.S. Equity Max Buffer ETF – May by 28.5% in the fourth quarter. Barclays PLC now owns 5,012 shares of the company’s stock worth $161,000 after purchasing an additional 1,113 shares during the period.

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

BATS:MAYM opened at $32.97 on Friday. The stock’s fifty day moving average price is $32.64 and its two-hundred day moving average price is $32.36. FT Vest U.S. Equity Max Buffer ETF – May has a 1 year low of $30.87 and a 1 year high of $33.13.

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

First Trust Exchange-Traded Fund VIII – FT Vest U.S. Equity Max Buffer ETF – May is an exchange traded fund launched and managed by First Trust Advisors LP. The fund is co-managed by Vest Financial LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as FLexible EXchange Options that reference the price performance of the SPDR S&P 500 ETF Trust to create its portfolio.