FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Short Interest Down 43.3% in April

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 14,917 shares, a decrease of 43.3% from the April 15th total of 26,325 shares. Based on an average daily volume of 20,156 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FMAR. Gateway Wealth Partners LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – March during the first quarter worth $346,000. Cetera Investment Advisers lifted its stake in FT Vest U.S. Equity Buffer ETF – March by 96.2% during the 1st quarter. Cetera Investment Advisers now owns 382,322 shares of the company’s stock valued at $18,539,000 after acquiring an additional 187,478 shares in the last quarter. Parallel Advisors LLC bought a new position in FT Vest U.S. Equity Buffer ETF – March during the 1st quarter valued at $172,000. World Equity Group Inc. bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – March in the 1st quarter worth $572,000. Finally, Assetmark Inc. grew its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 6.7% in the 1st quarter. Assetmark Inc. now owns 289,680 shares of the company’s stock worth $14,047,000 after acquiring an additional 18,242 shares in the last quarter.

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

FMAR stock remained flat at $51.68 during midday trading on Monday. 16,022 shares of the company’s stock were exchanged, compared to its average volume of 44,713. The firm has a 50 day simple moving average of $49.71 and a two-hundred day simple moving average of $48.18. FT Vest U.S. Equity Buffer ETF – March has a fifty-two week low of $42.96 and a fifty-two week high of $51.91. The firm has a market capitalization of $1.03 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.