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 growth in short interest in the month of May. As of May 15th, there was short interest totaling 36,932 shares, a growth of 250.9% from the April 30th total of 10,524 shares. Based on an average trading volume of 5,264 shares, the days-to-cover ratio is currently 7.0 days. Currently, 29.5% of the company’s stock are sold short.

FT Vest U.S. Equity Quarterly Max Buffer ETF Stock Up 0.0%

FT Vest U.S. Equity Quarterly Max Buffer ETF stock opened at $34.06 on Friday. FT Vest U.S. Equity Quarterly Max Buffer ETF has a twelve month low of $31.31 and a twelve month high of $34.09. The stock’s fifty day simple moving average is $33.70 and its 200-day simple moving average is $33.45.

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

Large investors have recently modified their holdings of the stock. Hollencrest Capital Management purchased a new stake in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF during the first quarter worth $46,000. Osaic Holdings Inc. purchased a new stake in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF during the second quarter worth $79,000. Kestra Advisory Services LLC purchased a new stake in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF during the fourth quarter worth $155,000. Cresset Asset Management LLC purchased a new stake in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF during the second quarter worth $200,000. Finally, Legacy Wealth Managment LLC ID increased its position in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF by 13.8% during the fourth quarter. Legacy Wealth Managment LLC ID now owns 6,133 shares of the company’s stock worth $205,000 after acquiring an additional 743 shares during the period.

About FT Vest U.S. Equity Quarterly Max Buffer ETF

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.