Short Interest in FT Vest U.S. Equity Max Buffer ETF – May (BATS:MAYM) Decreases By 70.6%

FT Vest U.S. Equity Max Buffer ETF – May (BATS:MAYM) saw a large decline in short interest in April. As of April 30th, there was short interest totaling 2,873 shares, a decline of 70.6% from the April 15th total of 9,781 shares. Based on an average daily trading volume, of 1,462 shares, the short-interest ratio is presently 2.0 days. Approximately 0.5% of the shares of the stock are sold short.

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

MAYM opened at $32.83 on Thursday. FT Vest U.S. Equity Max Buffer ETF – May has a one year low of $30.77 and a one year high of $33.03. The stock’s fifty day moving average is $32.52 and its 200-day moving average is $32.28.

Institutional Trading of FT Vest U.S. Equity Max Buffer ETF – May

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Barclays PLC raised its stake in shares of FT Vest U.S. Equity Max Buffer ETF – May by 28.5% in the 4th quarter. Barclays PLC now owns 5,012 shares of the company’s stock worth $161,000 after buying an additional 1,113 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of FT Vest U.S. Equity Max Buffer ETF – May in the 4th quarter worth $149,000. Wells Fargo & Company MN bought a new stake in shares of FT Vest U.S. Equity Max Buffer ETF – May in the 4th quarter worth $354,000. IMC Chicago LLC bought a new stake in shares of FT Vest U.S. Equity Max Buffer ETF – May in the 4th quarter worth $1,362,000. Finally, Advisory Services Network LLC bought a new stake in shares of FT Vest U.S. Equity Max Buffer ETF – May in the 3rd quarter worth $49,000.

About FT Vest U.S. Equity Max Buffer ETF – May

First Trust Exchange-Traded Fund VIII – FT Vest U.S. Equity Max Buffer ETF – May is an exchange traded fund launched and managed by First Trust Advisors LP. The fund is co-managed by Vest Financial LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as FLexible EXchange Options that reference the price performance of the SPDR S&P 500 ETF Trust to create its portfolio.