FT Vest U.S. Equity Quarterly Max Buffer ETF (BATS:SQMX) Stock Short Interest Declines 38.2%

FT Vest U.S. Equity Quarterly Max Buffer ETF (BATS:SQMX) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 6,489 shares, a decrease of 38.2% from the September 30th total of 10,492 shares. Currently, 5.2% of the company’s shares are sold short. Based on an average daily volume of 15,967 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On FT Vest U.S. Equity Quarterly Max Buffer ETF

Several institutional investors have recently bought and sold shares of the business. CoreCap Advisors LLC purchased a new position in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF in the 2nd quarter valued at $12,774,000. Griffith & Werner Inc. purchased a new stake in FT Vest U.S. Equity Quarterly Max Buffer ETF during the 1st quarter worth $10,342,000. Axxcess Wealth Management LLC purchased a new stake in FT Vest U.S. Equity Quarterly Max Buffer ETF during the 3rd quarter worth $3,178,000. Citadel Advisors LLC purchased a new stake in FT Vest U.S. Equity Quarterly Max Buffer ETF during the 2nd quarter worth $2,214,000. Finally, Cetera Investment Advisers increased its holdings in FT Vest U.S. Equity Quarterly Max Buffer ETF by 13.1% in the 1st quarter. Cetera Investment Advisers now owns 242,410 shares of the company’s stock valued at $8,071,000 after purchasing an additional 28,160 shares in the last quarter.

FT Vest U.S. Equity Quarterly Max Buffer ETF Stock Performance

BATS SQMX opened at $34.85 on Friday. FT Vest U.S. Equity Quarterly Max Buffer ETF has a one year low of $32.53 and a one year high of $35.11. The company’s 50 day moving average price is $34.85 and its 200 day moving average price is $34.12.

FT Vest U.S. Equity Quarterly Max Buffer ETF Company Profile

The FT Vest U.S. Equity Quarterly Max Buffer ETF (SQMX) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to deliver returns that match the SPDR S&P 500 ETF Trust price performance up to a set upside cap, while providing a dynamic buffer of 5% or 7.5% against losses over a three-month period. The fund employs FLEX options to implement this strategy and resets its cap and buffer each quarter. SQMX was launched on Dec 20, 2024 and is issued by First Trust.