FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) Sees Large Increase in Short Interest
by Scott Moore · The Cerbat GemFT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY – Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 34,587 shares, an increase of 108.7% from the April 30th total of 16,574 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 280,762 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Trading of FT Vest U.S. Equity Moderate Buffer ETF – May
Several hedge funds have recently modified their holdings of GMAY. First Horizon Corp purchased a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May during the fourth quarter valued at about $31,000. Lloyd Advisory Services LLC. purchased a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May during the fourth quarter valued at about $41,000. Hazlett Burt & Watson Inc. lifted its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 7,435.1% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,788 shares of the company’s stock valued at $115,000 after buying an additional 2,751 shares during the last quarter. Anfield Capital Management LLC lifted its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 41.4% during the third quarter. Anfield Capital Management LLC now owns 2,943 shares of the company’s stock valued at $119,000 after buying an additional 862 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC lifted its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 14.2% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 5,860 shares of the company’s stock valued at $242,000 after buying an additional 727 shares during the last quarter.
FT Vest U.S. Equity Moderate Buffer ETF – May Stock Performance
GMAY stock opened at $43.27 on Wednesday. The firm has a market cap of $349.62 million, a price-to-earnings ratio of 24.47 and a beta of 0.47. The firm has a 50-day simple moving average of $42.17 and a two-hundred day simple moving average of $41.59. FT Vest U.S. Equity Moderate Buffer ETF – May has a one year low of $38.18 and a one year high of $44.99.
FT Vest U.S. Equity Moderate Buffer ETF – May Company Profile
The FT Cboe Vest U.S. Equity Moderate Buffer ETF – May (GMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GMAY was launched on May 19, 2023 and is managed by First Trust.