FT Vest Nasdaq-100 Moderate Buffer ETF – May (BATS:QMMY) Sees Large Drop in Short Interest

FT Vest Nasdaq-100 Moderate Buffer ETF – May (BATS:QMMY) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 36,417 shares, a decrease of 47.9% from the July 15th total of 69,872 shares. Approximately 1.1% of the company’s shares are short sold. Based on an average daily volume of 29,150 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. First Heartland Consultants Inc. raised its holdings in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – May by 46.1% in the second quarter. First Heartland Consultants Inc. now owns 15,935 shares of the company’s stock worth $422,000 after buying an additional 5,030 shares during the period. Sunbelt Securities Inc. boosted its holdings in FT Vest Nasdaq-100 Moderate Buffer ETF – May by 54.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 23,425 shares of the company’s stock valued at $574,000 after acquiring an additional 8,290 shares during the period. Kestra Advisory Services LLC boosted its holdings in FT Vest Nasdaq-100 Moderate Buffer ETF – May by 58.3% during the 1st quarter. Kestra Advisory Services LLC now owns 178,508 shares of the company’s stock valued at $4,433,000 after acquiring an additional 65,729 shares during the period. Finally, Janney Montgomery Scott LLC boosted its holdings in FT Vest Nasdaq-100 Moderate Buffer ETF – May by 1.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 242,677 shares of the company’s stock valued at $6,076,000 after acquiring an additional 3,719 shares during the period.

FT Vest Nasdaq-100 Moderate Buffer ETF – May Price Performance

FT Vest Nasdaq-100 Moderate Buffer ETF – May stock opened at $26.64 on Friday. FT Vest Nasdaq-100 Moderate Buffer ETF – May has a 1-year low of $23.82 and a 1-year high of $26.77. The company’s 50-day moving average is $26.16 and its 200 day moving average is $25.74.

About FT Vest Nasdaq-100 Moderate Buffer ETF – May

The FT Vest Nasdaq-100 Moderate Buffer ETF – May (QMMY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively managed fund holds options and collateral. QMMY was launched on May 17, 2024 and is issued by First Trust.