FT Vest U.S. Equity Deep Buffer ETF – May (BATS:DMAY) Short Interest Update

FT Vest U.S. Equity Deep Buffer ETF – May (BATS:DMAY) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 155,178 shares, an increase of 2,205.1% from the April 30th total of 6,732 shares. Based on an average daily volume of 40,558 shares, the days-to-cover ratio is presently 3.8 days. Approximately 2.3% of the company’s stock are sold short.

Hedge Funds Weigh In On FT Vest U.S. Equity Deep Buffer ETF – May

A number of hedge funds and other institutional investors have recently modified their holdings of DMAY. Winnow Wealth LLC purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – May in the 3rd quarter valued at $534,000. Envestnet Asset Management Inc. increased its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – May by 6.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 181,908 shares of the company’s stock valued at $8,062,000 after acquiring an additional 11,132 shares during the period. Ritter Daniher Financial Advisory LLC DE purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – May in the 3rd quarter valued at $1,341,000. Truist Financial Corp increased its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – May by 1.4% in the 3rd quarter. Truist Financial Corp now owns 140,976 shares of the company’s stock valued at $6,248,000 after acquiring an additional 1,987 shares during the period. Finally, Core Wealth Partners LLC increased its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – May by 5.6% in the 3rd quarter. Core Wealth Partners LLC now owns 6,600 shares of the company’s stock valued at $293,000 after acquiring an additional 350 shares during the period.

FT Vest U.S. Equity Deep Buffer ETF – May Stock Performance

BATS DMAY opened at $47.11 on Thursday. The firm’s 50 day moving average price is $46.07 and its 200-day moving average price is $45.49. FT Vest U.S. Equity Deep Buffer ETF – May has a 52-week low of $41.61 and a 52-week high of $47.22. The company has a market cap of $313.28 million, a PE ratio of 24.53 and a beta of 0.42.

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

The FT Cboe Vest U.S. Equity Deep Buffer ETF – May (DMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. DMAY was launched on May 15, 2020 and is managed by First Trust.