FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) Shares Shorted: Short Interest Down 40.9% in September

FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 8,987 shares, a decrease of 40.9% from the September 15th total of 15,217 shares. Based on an average daily trading volume, of 3,798 shares, the days-to-cover ratio is currently 2.4 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. First Heartland Consultants Inc. acquired a new stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May in the 3rd quarter valued at about $940,000. Quad Cities Investment Group LLC bought a new position in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May in the second quarter worth about $610,000. Avidian Wealth Enterprises LLC bought a new position in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May in the third quarter worth about $365,000. Fragasso Financial Advisors Inc acquired a new position in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May during the third quarter worth approximately $358,000. Finally, Kestra Advisory Services LLC lifted its position in shares of 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 purchasing an additional 11,393 shares in the last quarter.

FT Vest U.S. Small Cap Moderate Buffer ETF – May Stock Down 1.3%

Shares of SMAY stock opened at $27.26 on Thursday. The company has a market capitalization of $111.77 million, a P/E ratio of 16.31 and a beta of 0.73. FT Vest U.S. Small Cap Moderate Buffer ETF – May has a 12-month low of $24.89 and a 12-month high of $28.86. The firm has a 50-day moving average price of $28.20 and a 200 day moving average price of $27.80.

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.