Short Interest in FT Vest U.S. Equity Quarterly Max Buffer ETF (BATS:SQMX) Rises By 265.8%

FT Vest U.S. Equity Quarterly Max Buffer ETF (BATS:SQMX) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 52,117 shares, an increase of 265.8% from the June 15th total of 14,249 shares. Based on an average trading volume of 21,646 shares, the short-interest ratio is presently 2.4 days. Currently, 41.7% of the shares of the company are short sold.

FT Vest U.S. Equity Quarterly Max Buffer ETF Stock Up 0.2%

Shares of FT Vest U.S. Equity Quarterly Max Buffer ETF stock opened at $34.37 on Friday. FT Vest U.S. Equity Quarterly Max Buffer ETF has a one year low of $31.96 and a one year high of $34.37. The stock’s fifty day moving average is $34.08 and its 200 day moving average is $33.71.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in SQMX. CoreCap Advisors LLC purchased a new position in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF during the 2nd quarter valued at about $12,774,000. Cetera Investment Advisers increased its holdings in FT Vest U.S. Equity Quarterly Max Buffer ETF by 13.1% in the 1st quarter. Cetera Investment Advisers now owns 242,410 shares of the company’s stock worth $8,071,000 after acquiring an additional 28,160 shares in the last quarter. Hollencrest Capital Management bought a new stake in FT Vest U.S. Equity Quarterly Max Buffer ETF during the 1st quarter worth approximately $46,000. Griffith & Werner Inc. bought a new stake in FT Vest U.S. Equity Quarterly Max Buffer ETF during the 1st quarter worth approximately $10,342,000. Finally, Kestra Advisory Services LLC purchased a new position in FT Vest U.S. Equity Quarterly Max Buffer ETF during the fourth quarter valued at approximately $155,000.

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.