Short Interest in FT Vest U.S. Equity Max Buffer ETF – May (BATS:MAYM) Decreases By 70.6%

FT Vest U.S. Equity Max Buffer ETF – May (BATS:MAYM) was the recipient of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 2,873 shares, a decrease of 70.6% from the April 15th total of 9,781 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 1,462 shares, the short-interest ratio is currently 2.0 days.

Hedge Funds Weigh In On FT Vest U.S. Equity Max Buffer ETF – May

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Maia Wealth LLC bought a new position in FT Vest U.S. Equity Max Buffer ETF – May during the third quarter valued at approximately $2,901,000. IMC Chicago LLC bought a new position in shares of FT Vest U.S. Equity Max Buffer ETF – May during the 4th quarter valued at $1,362,000. Jane Street Group LLC bought a new position in shares of FT Vest U.S. Equity Max Buffer ETF – May during the 2nd quarter valued at $724,000. Captrust Financial Advisors bought a new position in shares of FT Vest U.S. Equity Max Buffer ETF – May during the 2nd quarter valued at $665,000. Finally, Wells Fargo & Company MN bought a new position in shares of FT Vest U.S. Equity Max Buffer ETF – May during the 4th quarter valued at $354,000.

FT Vest U.S. Equity Max Buffer ETF – May Price Performance

MAYM stock opened at $32.83 on Friday. FT Vest U.S. Equity Max Buffer ETF – May has a 12-month low of $30.77 and a 12-month high of $33.03. The stock’s 50 day simple moving average is $32.53 and its 200 day simple moving average is $32.29.

FT Vest U.S. Equity Max Buffer ETF – May Company Profile

First Trust Exchange-Traded Fund VIII – FT Vest U.S. Equity Max Buffer ETF – May is an exchange traded fund launched and managed by First Trust Advisors LP. The fund is co-managed by Vest Financial LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as FLexible EXchange Options that reference the price performance of the SPDR S&P 500 ETF Trust to create its portfolio.