Short Interest in FT Vest U.S. Equity Max Buffer ETF – April (BATS:APXM) Drops By 42.7%

FT Vest U.S. Equity Max Buffer ETF – April (BATS:APXM) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 8,403 shares, a drop of 42.7% from the April 30th total of 14,663 shares. Based on an average daily trading volume, of 7,001 shares, the short-interest ratio is currently 1.2 days. Approximately 3.7% of the shares of the company are short sold.

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

APXM stock opened at $31.70 on Thursday. The business’s 50-day simple moving average is $31.47 and its 200 day simple moving average is $31.21. FT Vest U.S. Equity Max Buffer ETF – April has a twelve month low of $30.06 and a twelve month high of $32.12.

Institutional Investors Weigh In On FT Vest U.S. Equity Max Buffer ETF – April

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Cetera Investment Advisers acquired a new stake in FT Vest U.S. Equity Max Buffer ETF – April during the second quarter worth approximately $248,000. Susquehanna International Group LLP lifted its position in shares of FT Vest U.S. Equity Max Buffer ETF – April by 18.4% during the 3rd quarter. Susquehanna International Group LLP now owns 15,437 shares of the company’s stock valued at $473,000 after acquiring an additional 2,396 shares during the period. OLD Mission Capital LLC grew its holdings in shares of FT Vest U.S. Equity Max Buffer ETF – April by 7.3% during the 4th quarter. OLD Mission Capital LLC now owns 15,940 shares of the company’s stock worth $495,000 after purchasing an additional 1,086 shares in the last quarter. NewEdge Advisors LLC bought a new position in shares of FT Vest U.S. Equity Max Buffer ETF – April in the second quarter worth $257,000. Finally, Sovran Advisors LLC acquired a new position in FT Vest U.S. Equity Max Buffer ETF – April in the first quarter valued at about $250,000.

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

First Trust Exchange-Traded Fund VIII – FT Vest U.S. Equity Max Buffer ETF – April 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 to create its portfolio. The fund invests in growth and value stocks of large-cap companies.