FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March (BATS:XMAR) Short Interest Down 45.8% in May

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March (BATS:XMAR) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 3,683 shares, a decrease of 45.8% from the April 30th total of 6,790 shares. Based on an average trading volume of 5,561 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Trading of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March

Several institutional investors have recently modified their holdings of XMAR. Sound Income Strategies LLC acquired a new position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March in the 4th quarter valued at $53,000. Fifth Third Bancorp acquired a new stake in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March during the first quarter worth about $148,000. FSB Premier Wealth Management Inc. purchased a new stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March in the second quarter valued at approximately $204,000. Independent Financial Group LLC acquired a new stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March during the 1st quarter worth $249,000. Finally, Janney Montgomery Scott LLC boosted its stake in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March by 10.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,600 shares of the company’s stock worth $423,000 after buying an additional 1,000 shares during the period.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March Price Performance

Shares of BATS XMAR traded down $0.04 during midday trading on Wednesday, hitting $42.61. 1,852 shares of the company’s stock were exchanged, compared to its average volume of 21,375. The firm’s fifty day simple moving average is $41.69 and its 200-day simple moving average is $40.57. The company has a market cap of $200.27 million, a PE ratio of 24.93 and a beta of 0.23. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March has a twelve month low of $37.62 and a twelve month high of $42.68.

About FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March

The FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF – March (XMAR) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a specific holdings period. The actively managed fund holds options and collateral. XMAR was launched on Mar 17, 2023 and is managed by First Trust.