FT Vest Nasdaq-100 Moderate Buffer ETF – August (BATS:QMAG) Sees Significant Increase in Short Interest

FT Vest Nasdaq-100 Moderate Buffer ETF – August (BATS:QMAG) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 23,455 shares, a growth of 1,265.3% from the May 31st total of 1,718 shares. Currently, 2.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 16,894 shares, the short-interest ratio is currently 1.4 days.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in FT Vest Nasdaq-100 Moderate Buffer ETF – August stock. Sunbelt Securities Inc. raised its position in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – August (BATS:QMAG) by 14.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,702 shares of the company’s stock after purchasing an additional 2,952 shares during the period. Sunbelt Securities Inc. owned approximately 0.91% of FT Vest Nasdaq-100 Moderate Buffer ETF – August worth $527,000 at the end of the most recent reporting period.

FT Vest Nasdaq-100 Moderate Buffer ETF – August Price Performance

QMAG stock opened at $25.17 on Friday. The company’s 50-day moving average price is $25.00 and its two-hundred day moving average price is $24.10. FT Vest Nasdaq-100 Moderate Buffer ETF – August has a 12 month low of $22.15 and a 12 month high of $25.41.

About FT Vest Nasdaq-100 Moderate Buffer ETF – August

The FT Vest Nasdaq-100 Moderate Buffer ETF – August (QMAG) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively managed fund holds options and collateral. QMAG was launched on Aug 16, 2024 and is issued by First Trust.