FT Vest Nasdaq-100 Moderate Buffer ETF – May (BATS:QMMY) Sees Significant Increase in Short Interest

FT Vest Nasdaq-100 Moderate Buffer ETF – May (BATS:QMMY) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 76,523 shares, an increase of 110.1% from the July 30th total of 36,417 shares. Based on an average daily trading volume, of 32,891 shares, the days-to-cover ratio is currently 2.3 days. Approximately 2.3% of the shares of the company are sold short.

FT Vest Nasdaq-100 Moderate Buffer ETF – May Stock Performance

QMMY stock opened at $26.54 on Monday. The business’s fifty day moving average price is $26.21 and its two-hundred day moving average price is $25.82. FT Vest Nasdaq-100 Moderate Buffer ETF – May has a fifty-two week low of $23.82 and a fifty-two week high of $26.77.

Hedge Funds Weigh In On FT Vest Nasdaq-100 Moderate Buffer ETF – May

Institutional investors and hedge funds have recently modified their holdings of the business. First Heartland Consultants Inc. raised its stake in FT Vest Nasdaq-100 Moderate Buffer ETF – May by 46.1% in the 2nd quarter. First Heartland Consultants Inc. now owns 15,935 shares of the company’s stock worth $422,000 after purchasing an additional 5,030 shares in the last quarter. Triumph Capital Management acquired a new position in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – May during the 2nd quarter worth approximately $489,000. Ameritas Advisory Services LLC increased its holdings in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – May by 46.9% during the second quarter. Ameritas Advisory Services LLC now owns 22,345 shares of the company’s stock worth $592,000 after purchasing an additional 7,139 shares during the period. Sunbelt Securities Inc. increased its holdings in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – May by 54.8% during the third quarter. Sunbelt Securities Inc. now owns 23,425 shares of the company’s stock worth $574,000 after purchasing an additional 8,290 shares during the period. Finally, Kestra Advisory Services LLC raised its position in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – May by 58.3% in the first quarter. Kestra Advisory Services LLC now owns 178,508 shares of the company’s stock valued at $4,433,000 after buying an additional 65,729 shares in the last quarter.

FT Vest Nasdaq-100 Moderate Buffer ETF – May Company Profile

The FT Vest Nasdaq-100 Moderate Buffer ETF – May (QMMY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively managed fund holds options and collateral. QMMY was launched on May 17, 2024 and is issued by First Trust.