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

FT Vest U.S. Equity Moderate Buffer ETF – March (BATS:GMAR) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 21,085 shares, a decline of 50.9% from the September 30th total of 42,956 shares. Based on an average daily trading volume, of 70,362 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of GMAR. Blue Bell Private Wealth Management LLC purchased a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – March in the 3rd quarter valued at about $157,000. Signature Equity Partners LLC lifted its stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – March by 6.3% in the third quarter. Signature Equity Partners LLC now owns 12,468 shares of the company’s stock valued at $564,000 after purchasing an additional 735 shares during the period. Founders Financial Securities LLC acquired a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – March in the third quarter valued at about $1,913,000. Park Avenue Securities LLC acquired a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – March in the third quarter valued at about $339,000. Finally, Madrona Financial Services LLC purchased a new stake in FT Vest U.S. Equity Moderate Buffer ETF – March during the third quarter worth about $1,125,000.

FT Vest U.S. Equity Moderate Buffer ETF – March Price Performance

Shares of GMAR stock opened at $45.29 on Friday. The business’s fifty day moving average price is $45.23 and its 200 day moving average price is $43.56. FT Vest U.S. Equity Moderate Buffer ETF – March has a 1-year low of $40.01 and a 1-year high of $45.62. The firm has a market capitalization of $510.87 million, a PE ratio of 24.71 and a beta of 0.41.

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

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – March (GMAR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively managed fund holds options and collateral. GMAR was launched on Mar 17, 2023 and is managed by First Trust.