FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March (BATS:XMAR) Short Interest Down 45.8% in May

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March (BATS:XMAR) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 3,683 shares, a decline of 45.8% from the April 30th total of 6,790 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 5,561 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in XMAR. Sound Income Strategies LLC bought a new stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March in the 4th quarter valued at $53,000. Fifth Third Bancorp bought a new stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March in the 1st quarter valued at $148,000. FSB Premier Wealth Management Inc. bought a new stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March in the 2nd quarter valued at $204,000. Independent Financial Group LLC bought a new position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March in the first quarter valued at about $249,000. Finally, Janney Montgomery Scott LLC raised its position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March by 10.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 10,600 shares of the company’s stock valued at $423,000 after purchasing an additional 1,000 shares during the period.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March Stock Performance

XMAR opened at $42.62 on Monday. The business’s 50-day simple moving average is $41.64 and its 200 day simple moving average is $40.55. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March has a 52-week low of $37.45 and a 52-week high of $42.65. The firm has a market capitalization of $200.31 million, a PE ratio of 24.93 and a beta of 0.23.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March Company Profile

The FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF – March (XMAR) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a specific holdings period. The actively managed fund holds options and collateral. XMAR was launched on Mar 17, 2023 and is managed by First Trust.