FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) Short Interest Update

FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 15,217 shares, a drop of 55.3% from the August 31st total of 34,080 shares. Based on an average trading volume of 2,132 shares, the days-to-cover ratio is presently 7.1 days. Currently, 0.4% of the shares of the stock are sold short.

FT Vest U.S. Small Cap Moderate Buffer ETF – May Price Performance

Shares of BATS:SMAY opened at $27.69 on Wednesday. The company has a market cap of $113.53 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 has a one year low of $24.89 and a one year high of $28.86. The firm has a fifty day moving average price of $28.32 and a two-hundred day moving average price of $27.69.

Institutional Trading of FT Vest U.S. Small Cap Moderate Buffer ETF – May

A number of hedge funds have recently made changes to their positions in SMAY. Quad Cities Investment Group LLC purchased a new stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May during the second quarter valued at about $610,000. First Heartland Consultants Inc. grew its position in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 3.2% during the 2nd quarter. First Heartland Consultants Inc. now owns 33,012 shares of the company’s stock worth $937,000 after acquiring an additional 1,012 shares during the last quarter. Kestra Advisory Services LLC increased its stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 46.1% in the 1st 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 during the period. Finally, Envestnet Asset Management Inc. lifted its position in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 6.6% in the second quarter. Envestnet Asset Management Inc. now owns 46,856 shares of the company’s stock valued at $1,330,000 after purchasing an additional 2,892 shares during the last quarter.

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.