Short Interest in FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) Drops By 36.3%

FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 57,512 shares, a decrease of 36.3% from the June 30th total of 90,305 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 82,284 shares, the short-interest ratio is currently 0.7 days.

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

Several institutional investors and hedge funds have recently made changes to their positions in GMAY. NewEdge Advisors LLC acquired a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May during the second quarter worth approximately $258,000. Raymond James Financial Inc. raised its holdings in 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 valued at $13,218,000 after acquiring an additional 16,458 shares in the last quarter. Ausdal Financial Partners Inc. acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – May in the second quarter valued at $16,688,000. Jane Street Group LLC bought a new position in FT Vest U.S. Equity Moderate Buffer ETF – May during the 2nd quarter valued at $370,000. Finally, Gallagher Fiduciary Advisors LLC boosted its stake in FT Vest U.S. Equity Moderate Buffer ETF – May by 20.1% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 8,076 shares of the company’s stock valued at $316,000 after acquiring an additional 1,351 shares during the last quarter.

FT Vest U.S. Equity Moderate Buffer ETF – May Stock Down 1.0%

Shares of BATS GMAY opened at $42.60 on Thursday. FT Vest U.S. Equity Moderate Buffer ETF – May has a fifty-two week low of $39.22 and a fifty-two week high of $44.99. The business has a 50 day moving average price of $42.98 and a two-hundred day moving average price of $42.17. The firm has a market cap of $344.21 million, a PE ratio of 24.47 and a beta of 0.47.

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

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.