FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Sees Significant Increase in Short Interest

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 18,780 shares, an increase of 70.8% from the May 31st total of 10,998 shares. Based on an average daily volume of 11,193 shares, the short-interest ratio is currently 1.7 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – March

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Centaurus Financial Inc. increased its position in FT Vest U.S. Equity Buffer ETF – March by 143.3% in the 1st quarter. Centaurus Financial Inc. now owns 15,444 shares of the company’s stock valued at $749,000 after acquiring an additional 9,096 shares during the period. Arkadios Wealth Advisors acquired a new position in FT Vest U.S. Equity Buffer ETF – March during the 1st quarter worth $202,000. Sunbelt Securities Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – March by 38.4% during the 1st quarter. Sunbelt Securities Inc. now owns 6,209 shares of the company’s stock worth $301,000 after acquiring an additional 1,723 shares during the period. Royal Bank of Canada grew its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 1.5% in the first quarter. Royal Bank of Canada now owns 37,635 shares of the company’s stock worth $1,825,000 after purchasing an additional 570 shares in the last quarter. Finally, Gateway Wealth Partners LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – March in the first quarter worth $346,000.

FT Vest U.S. Equity Buffer ETF – March Trading Up 0.1%

Shares of BATS:FMAR opened at $52.29 on Thursday. The firm’s 50 day moving average is $51.79 and its two-hundred day moving average is $49.40. FT Vest U.S. Equity Buffer ETF – March has a 52 week low of $44.74 and a 52 week high of $52.43. The firm has a market capitalization of $1.04 billion, a P/E ratio of 23.86 and a beta of 0.59.

About FT Vest U.S. Equity Buffer ETF – March

The FT Cboe Vest U.S. Equity Buffer ETF – March (FMAR) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPY over a specific holding period. The actively-managed fund holds options and collateral. FMAR was launched on Mar 19, 2021 and is managed by First Trust.