FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) Short Interest Update

FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 23,287 shares, a decline of 42.2% from the May 14th total of 40,257 shares. Based on an average daily volume of 36,622 shares, the short-interest ratio is presently 0.6 days. Currently, 0.6% of the company’s shares are sold short.

FT Vest U.S. Small Cap Moderate Buffer ETF – May Price Performance

Shares of SMAY stock opened at $27.94 on Friday. The firm’s 50-day moving average is $27.24 and its two-hundred day moving average is $26.55. FT Vest U.S. Small Cap Moderate Buffer ETF – May has a 12 month low of $23.42 and a 12 month high of $27.99. The company has a market capitalization of $114.55 million, a PE ratio of 16.31 and a beta of 0.73.

Hedge Funds Weigh In On FT Vest U.S. Small Cap Moderate Buffer ETF – May

Institutional investors have recently bought and sold shares of the company. Sunbelt Securities Inc. raised its stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 68.8% during the third quarter. Sunbelt Securities Inc. now owns 1,578 shares of the company’s stock worth $40,000 after purchasing an additional 643 shares during the period. CoreCap Advisors LLC purchased a new position in FT Vest U.S. Small Cap Moderate Buffer ETF – May during the fourth quarter worth about $120,000. Arkadios Wealth Advisors purchased a new position in FT Vest U.S. Small Cap Moderate Buffer ETF – May during the fourth quarter worth about $708,000. Kestra Advisory Services LLC raised its stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 46.1% during the first quarter. Kestra Advisory Services LLC now owns 36,117 shares of the company’s stock worth $950,000 after purchasing an additional 11,393 shares during the period. Finally, Advisory Services Network LLC raised its stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 2.0% during the fourth quarter. Advisory Services Network LLC now owns 58,345 shares of the company’s stock worth $1,515,000 after purchasing an additional 1,165 shares during the period.

FT Vest U.S. Small Cap Moderate Buffer ETF – May Company Profile

The FT Cboe Vest U.S. Small Cap Moderate Buffer ETF – May (SMAY) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims for specific buffered losses and capped gains on the iShares Russell 2000 ETF over a specific holdings period. The actively managed fund holds options and collateral. SMAY was launched on May 19, 2023 and is managed by First Trust.