FT Vest Nasdaq-100 Moderate Buffer ETF – May (BATS:QMMY) Sees Large Decline in Short Interest

FT Vest Nasdaq-100 Moderate Buffer ETF – May (BATS:QMMY) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 36,417 shares, a decline of 47.9% from the July 15th total of 69,872 shares. Currently, 1.1% of the company’s shares are short sold. Based on an average trading volume of 29,150 shares, the short-interest ratio is currently 1.2 days.

FT Vest Nasdaq-100 Moderate Buffer ETF – May Stock Performance

Shares of QMMY stock opened at $26.64 on Tuesday. FT Vest Nasdaq-100 Moderate Buffer ETF – May has a fifty-two week low of $23.82 and a fifty-two week high of $26.77. The company has a 50 day moving average price of $26.17 and a 200 day moving average price of $25.75.

Hedge Funds Weigh In On FT Vest Nasdaq-100 Moderate Buffer ETF – May

Hedge funds have recently made changes to their positions in the company. First Heartland Consultants Inc. increased its holdings in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – May by 46.1% in the 2nd quarter. First Heartland Consultants Inc. now owns 15,935 shares of the company’s stock valued at $422,000 after acquiring an additional 5,030 shares during the period. Sunbelt Securities Inc. raised its holdings in FT Vest Nasdaq-100 Moderate Buffer ETF – May by 54.8% during the third quarter. Sunbelt Securities Inc. now owns 23,425 shares of the company’s stock worth $574,000 after purchasing an additional 8,290 shares during the last quarter. Kestra Advisory Services LLC boosted its position in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – May by 58.3% in the 1st quarter. Kestra Advisory Services LLC now owns 178,508 shares of the company’s stock worth $4,433,000 after buying an additional 65,729 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – May by 1.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 242,677 shares of the company’s stock valued at $6,076,000 after purchasing an additional 3,719 shares during the last quarter.

About FT Vest Nasdaq-100 Moderate Buffer ETF – May

The FT Vest Nasdaq-100 Moderate Buffer ETF – May (QMMY) 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. QMMY was launched on May 17, 2024 and is issued by First Trust.