FT Vest U.S. Equity Quarterly Max Buffer ETF (BATS:SQMX) Short Interest Update

FT Vest U.S. Equity Quarterly Max Buffer ETF (BATS:SQMX) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 11,145 shares, a decrease of 78.6% from the June 30th total of 52,117 shares. Currently, 8.9% of the shares of the stock are short sold. Based on an average daily volume of 15,301 shares, the days-to-cover ratio is presently 0.7 days.

FT Vest U.S. Equity Quarterly Max Buffer ETF Trading Down 0.0%

Shares of SQMX opened at $34.19 on Friday. The firm has a 50-day moving average price of $34.14 and a 200 day moving average price of $33.77. FT Vest U.S. Equity Quarterly Max Buffer ETF has a 52-week low of $32.02 and a 52-week high of $34.37.

Institutional Trading of FT Vest U.S. Equity Quarterly Max Buffer ETF

A number of institutional investors have recently made changes to their positions in SQMX. Legacy Wealth Managment LLC ID boosted its holdings in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF by 13.8% in the fourth quarter. Legacy Wealth Managment LLC ID now owns 6,133 shares of the company’s stock valued at $205,000 after acquiring an additional 743 shares in the last quarter. Hollencrest Capital Management acquired a new stake in FT Vest U.S. Equity Quarterly Max Buffer ETF in the first quarter worth approximately $46,000. Osaic Holdings Inc. acquired a new stake in FT Vest U.S. Equity Quarterly Max Buffer ETF in the second quarter worth approximately $79,000. Kestra Advisory Services LLC bought a new position in FT Vest U.S. Equity Quarterly Max Buffer ETF during the 4th quarter valued at $155,000. Finally, Cresset Asset Management LLC bought a new position in FT Vest U.S. Equity Quarterly Max Buffer ETF during the 2nd quarter valued at $200,000.

FT Vest U.S. Equity Quarterly Max Buffer ETF Company Profile

The FT Vest U.S. Equity Quarterly Max Buffer ETF (SQMX) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to deliver returns that match the SPDR S&P 500 ETF Trust price performance up to a set upside cap, while providing a dynamic buffer of 5% or 7.5% against losses over a three-month period. The fund employs FLEX options to implement this strategy and resets its cap and buffer each quarter. SQMX was launched on Dec 20, 2024 and is issued by First Trust.