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) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 23,287 shares, a drop of 42.2% from the May 14th total of 40,257 shares. Based on an average trading volume of 36,622 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.6% of the shares of the company are sold short.

Hedge Funds Weigh In On FT Vest U.S. Small Cap Moderate Buffer ETF – May

A number of hedge funds have recently bought and sold shares of the business. Advisory Services Network LLC increased its position in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 2.0% during the fourth quarter. Advisory Services Network LLC now owns 58,345 shares of the company’s stock worth $1,515,000 after acquiring an additional 1,165 shares during the period. Kestra Advisory Services LLC increased its position in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 46.1% during the first 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 period. Arkadios Wealth Advisors bought a new position in FT Vest U.S. Small Cap Moderate Buffer ETF – May during the fourth quarter worth about $708,000. CoreCap Advisors LLC acquired a new stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May during the fourth quarter worth about $120,000. Finally, Sunbelt Securities Inc. grew its stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 68.8% during the third quarter. Sunbelt Securities Inc. now owns 1,578 shares of the company’s stock worth $40,000 after buying an additional 643 shares in the last quarter.

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

BATS:SMAY opened at $28.07 on Tuesday. FT Vest U.S. Small Cap Moderate Buffer ETF – May has a 52 week low of $23.43 and a 52 week high of $28.15. The firm has a market cap of $115.09 million, a price-to-earnings ratio of 16.31 and a beta of 0.73. The firm’s 50-day simple moving average is $27.27 and its 200 day simple moving average is $26.58.

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

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.