FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) Short Interest Up 2,931.4% in May

FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 40,257 shares, a growth of 2,931.4% from the April 30th total of 1,328 shares. Based on an average daily volume of 24,631 shares, the short-interest ratio is currently 1.6 days. Approximately 1.0% of the shares of the stock are short sold.

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

A number of large investors have recently modified their holdings of the stock. 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. Advisory Services Network LLC lifted its position in shares of 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 purchasing an additional 1,165 shares in the last quarter. Arkadios Wealth Advisors acquired a new position in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May during the fourth quarter worth approximately $708,000. CoreCap Advisors LLC acquired a new position in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May during the fourth quarter worth approximately $120,000. Finally, Sunbelt Securities Inc. lifted its position in shares of 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 purchasing an additional 643 shares in the last quarter.

FT Vest U.S. Small Cap Moderate Buffer ETF – May Trading Down 0.0%

Shares of SMAY stock opened at $27.79 on Thursday. FT Vest U.S. Small Cap Moderate Buffer ETF – May has a 1 year low of $23.15 and a 1 year high of $27.84. The firm’s 50 day moving average is $26.87 and its 200-day moving average is $26.36. The firm has a market capitalization of $113.94 million, a price-to-earnings ratio of 16.31 and a beta of 0.73.

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.