FT Vest U.S. Equity Max Buffer ETF – March (BATS:MARM) Sees Large Growth in Short Interest

FT Vest U.S. Equity Max Buffer ETF – March (BATS:MARM) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 5,983 shares, a growth of 120.0% from the June 30th total of 2,720 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 4,463 shares, the days-to-cover ratio is presently 1.3 days.

FT Vest U.S. Equity Max Buffer ETF – March Price Performance

MARM stock opened at $34.19 on Tuesday. The business has a fifty day moving average price of $34.13 and a 200 day moving average price of $33.68. FT Vest U.S. Equity Max Buffer ETF – March has a fifty-two week low of $32.18 and a fifty-two week high of $34.32. The stock has a market capitalization of $144.62 million, a price-to-earnings ratio of 24.38 and a beta of 0.31.

FT Vest U.S. Equity Max Buffer ETF – March Company Profile

The FT Vest U.S. Equity Max Buffer ETF – March (MARM) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to match the price returns of SPDR S&P 500 ETF Trust using a buffer and upside cap strategy, over a specific holdings period. MARM was launched on Mar 26, 2024 and is issued by First Trust.