FT Vest U.S. Equity Max Buffer ETF – October (BATS:OCTM) Sees Large Decrease in Short Interest

FT Vest U.S. Equity Max Buffer ETF – October (BATS:OCTM) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,397 shares, a drop of 41.2% from the April 30th total of 7,476 shares. Based on an average trading volume of 914 shares, the short-interest ratio is currently 4.8 days. Approximately 0.5% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC grew its holdings in FT Vest U.S. Equity Max Buffer ETF – October by 41.9% during the fourth quarter. Kestra Advisory Services LLC now owns 71,093 shares of the company’s stock worth $2,322,000 after acquiring an additional 20,998 shares during the period. Citadel Advisors LLC grew its holdings in FT Vest U.S. Equity Max Buffer ETF – October by 115.0% during the third quarter. Citadel Advisors LLC now owns 27,000 shares of the company’s stock worth $869,000 after acquiring an additional 14,440 shares during the period. Commonwealth Equity Services LLC grew its holdings in FT Vest U.S. Equity Max Buffer ETF – October by 85.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 26,953 shares of the company’s stock worth $880,000 after acquiring an additional 12,399 shares during the period. Janney Montgomery Scott LLC grew its holdings in FT Vest U.S. Equity Max Buffer ETF – October by 3.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 23,499 shares of the company’s stock worth $767,000 after acquiring an additional 772 shares during the period. Finally, Capasso Planning Partners LLC grew its holdings in FT Vest U.S. Equity Max Buffer ETF – October by 5.7% during the first quarter. Capasso Planning Partners LLC now owns 23,318 shares of the company’s stock worth $759,000 after acquiring an additional 1,265 shares during the period.

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

OCTM stock remained flat at $33.56 on Wednesday. The company had a trading volume of 234 shares, compared to its average volume of 1,817. The company has a fifty day moving average of $33.07 and a two-hundred day moving average of $32.80. FT Vest U.S. Equity Max Buffer ETF – October has a 52-week low of $30.92 and a 52-week high of $33.58.

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

The FT Vest U.S. Equity Max Buffer ETF – October (OCTM) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a pre-determined investment outcome over a one-year period. The exposure is reset annually in October OCTM was launched on Oct 18, 2024 and is issued by First Trust.