FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March (BATS:XMAR) Sees Large Drop in Short Interest

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March (BATS:XMAR) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 3,683 shares, a decrease of 45.8% from the April 30th total of 6,790 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 5,561 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March

Several large investors have recently modified their holdings of the stock. World Investment Advisors raised its position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March by 0.8% in the first quarter. World Investment Advisors now owns 32,245 shares of the company’s stock valued at $1,306,000 after purchasing an additional 268 shares during the period. Diversify Wealth Management LLC bought a new position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March in the first quarter valued at about $1,006,000. Janney Montgomery Scott LLC raised its position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March by 10.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 10,600 shares of the company’s stock valued at $423,000 after purchasing an additional 1,000 shares during the period. Independent Financial Group LLC bought a new position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March in the first quarter valued at about $249,000. Finally, FSB Premier Wealth Management Inc. bought a new position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March in the second quarter valued at about $204,000.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March Price Performance

Shares of XMAR opened at $42.62 on Monday. The firm has a market capitalization of $200.31 million, a PE ratio of 24.93 and a beta of 0.23. The company’s 50-day moving average is $41.64 and its 200-day moving average is $40.55. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March has a fifty-two week low of $37.45 and a fifty-two week high of $42.65.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March Company Profile

The FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF – March (XMAR) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a specific holdings period. The actively managed fund holds options and collateral. XMAR was launched on Mar 17, 2023 and is managed by First Trust.