FT Vest U.S. Equity Deep Buffer ETF – May (BATS:DMAY) Short Interest Update

FT Vest U.S. Equity Deep Buffer ETF – May (BATS:DMAY) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 155,178 shares, an increase of 2,205.1% from the April 30th total of 6,732 shares. Based on an average trading volume of 40,558 shares, the days-to-cover ratio is presently 3.8 days. Currently, 2.3% of the shares of the stock are sold short.

FT Vest U.S. Equity Deep Buffer ETF – May Trading Up 0.1%

Shares of BATS:DMAY traded up $0.03 on Wednesday, hitting $47.11. The company had a trading volume of 88,878 shares, compared to its average volume of 21,867. The company has a market cap of $313.28 million, a PE ratio of 24.53 and a beta of 0.42. FT Vest U.S. Equity Deep Buffer ETF – May has a 52-week low of $41.61 and a 52-week high of $47.22. The business has a 50 day moving average of $46.03 and a 200 day moving average of $45.47.

Hedge Funds Weigh In On FT Vest U.S. Equity Deep Buffer ETF – May

A number of hedge funds have recently made changes to their positions in DMAY. Triumph Capital Management grew its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – May by 597.8% during the 4th quarter. Triumph Capital Management now owns 642 shares of the company’s stock valued at $29,000 after buying an additional 550 shares during the period. Arax Advisory Partners purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – May in the 4th quarter worth $30,000. Geneos Wealth Management Inc. boosted its holdings in FT Vest U.S. Equity Deep Buffer ETF – May by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 750 shares of the company’s stock valued at $32,000 after acquiring an additional 375 shares during the last quarter. Riggs Asset Managment Co. Inc. acquired a new position in FT Vest U.S. Equity Deep Buffer ETF – May in the second quarter valued at $97,000. Finally, Bank of America Corp DE purchased a new stake in FT Vest U.S. Equity Deep Buffer ETF – May during the third quarter valued at about $161,000.

FT Vest U.S. Equity Deep Buffer ETF – May Company Profile

The FT Cboe Vest U.S. Equity Deep Buffer ETF – May (DMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. DMAY was launched on May 15, 2020 and is managed by First Trust.