Short Interest in FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) Rises By 1,341.2%

FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 16,574 shares, an increase of 1,341.2% from the April 15th total of 1,150 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 20,052 shares, the short-interest ratio is currently 0.8 days.

FT Vest U.S. Equity Moderate Buffer ETF – May Price Performance

Shares of BATS:GMAY traded down $0.05 during trading on Wednesday, hitting $42.58. 12,588 shares of the company were exchanged, compared to its average volume of 13,770. The company has a market cap of $344.05 million, a PE ratio of 24.47 and a beta of 0.47. The stock has a 50 day moving average of $41.78 and a 200 day moving average of $41.38. FT Vest U.S. Equity Moderate Buffer ETF – May has a 52-week low of $37.56 and a 52-week high of $42.88.

Institutional Investors Weigh In On FT Vest U.S. Equity Moderate Buffer ETF – May

Several institutional investors have recently made changes to their positions in GMAY. NewEdge Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May during the second quarter worth $258,000. Raymond James Financial Inc. raised its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 5.1% in the second quarter. Raymond James Financial Inc. now owns 337,608 shares of the company’s stock worth $13,218,000 after buying an additional 16,458 shares in the last quarter. Ausdal Financial Partners Inc. purchased a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the second quarter worth $16,688,000. Jane Street Group LLC purchased a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the second quarter worth $370,000. Finally, Gallagher Fiduciary Advisors LLC raised its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 20.1% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 8,076 shares of the company’s stock worth $316,000 after buying an additional 1,351 shares in the last quarter.

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.