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

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 1,739 shares, a decrease of 88.3% from the April 30th total of 14,917 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 13,992 shares, the days-to-cover ratio is currently 0.1 days.

FT Vest U.S. Equity Buffer ETF – March Stock Performance

Shares of BATS:FMAR traded up $0.06 during mid-day trading on Friday, hitting $52.27. The stock had a trading volume of 6,469 shares, compared to its average volume of 42,229. The company has a market cap of $1.04 billion, a PE ratio of 23.86 and a beta of 0.59. FT Vest U.S. Equity Buffer ETF – March has a 12-month low of $43.30 and a 12-month high of $52.32. The company’s 50 day moving average is $50.49 and its 200-day moving average is $48.54.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – March

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FMAR. Jane Street Group LLC lifted its position in FT Vest U.S. Equity Buffer ETF – March by 896.5% in the 1st quarter. Jane Street Group LLC now owns 226,466 shares of the company’s stock worth $9,557,000 after buying an additional 203,740 shares in the last quarter. Cetera Investment Advisers lifted its position in FT Vest U.S. Equity Buffer ETF – March by 96.2% in the 1st quarter. Cetera Investment Advisers now owns 382,322 shares of the company’s stock worth $18,539,000 after buying an additional 187,478 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in FT Vest U.S. Equity Buffer ETF – March by 350.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 104,788 shares of the company’s stock worth $4,974,000 after buying an additional 81,515 shares in the last quarter. Assetmark Inc. lifted its position in FT Vest U.S. Equity Buffer ETF – March by 16.2% in the 4th quarter. Assetmark Inc. now owns 271,438 shares of the company’s stock worth $12,884,000 after buying an additional 37,827 shares in the last quarter. Finally, MML Investors Services LLC lifted its position in FT Vest U.S. Equity Buffer ETF – March by 67.4% in the 2nd quarter. MML Investors Services LLC now owns 75,029 shares of the company’s stock worth $3,364,000 after buying an additional 30,206 shares in the last quarter.

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.