FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) Short Interest Update

FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 102,028 shares, an increase of 307.2% from the June 15th total of 25,054 shares. Based on an average trading volume of 16,896 shares, the short-interest ratio is currently 6.0 days. Currently, 2.5% of the company’s stock are sold short.

FT Vest U.S. Small Cap Moderate Buffer ETF – May Stock Down 0.5%

Shares of SMAY stock opened at $28.11 on Tuesday. The firm has a market cap of $115.25 million, a price-to-earnings ratio of 16.31 and a beta of 0.73. The company’s 50 day moving average is $27.77 and its 200 day moving average is $26.91. FT Vest U.S. Small Cap Moderate Buffer ETF – May has a 52-week low of $23.86 and a 52-week high of $28.45.

Institutional Investors Weigh In On FT Vest U.S. Small Cap Moderate Buffer ETF – May

A number of hedge funds have recently made changes to their positions in the stock. First Heartland Consultants Inc. grew its stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 3.2% in the second quarter. First Heartland Consultants Inc. now owns 33,012 shares of the company’s stock valued at $937,000 after purchasing an additional 1,012 shares during the last quarter. Quad Cities Investment Group LLC acquired a new position in FT Vest U.S. Small Cap Moderate Buffer ETF – May during the 2nd quarter valued at approximately $610,000. Kestra Advisory Services LLC raised its stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 46.1% in the 1st quarter. Kestra Advisory Services LLC now owns 36,117 shares of the company’s stock worth $950,000 after acquiring an additional 11,393 shares during the last quarter. Advisory Services Network LLC boosted its position in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 2.0% in the fourth quarter. Advisory Services Network LLC now owns 58,345 shares of the company’s stock valued at $1,515,000 after buying an additional 1,165 shares during the last quarter. Finally, Arkadios Wealth Advisors purchased a new stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May in the fourth quarter valued at approximately $708,000.

About FT Vest U.S. Small Cap Moderate Buffer ETF – May

The FT Cboe Vest U.S. Small Cap Moderate Buffer ETF – May (SMAY) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims for specific buffered losses and capped gains on the iShares Russell 2000 ETF over a specific holdings period. The actively managed fund holds options and collateral. SMAY was launched on May 19, 2023 and is managed by First Trust.