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) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 40,257 shares, an increase of 2,931.4% from the April 30th total of 1,328 shares. Based on an average daily volume of 24,631 shares, the short-interest ratio is presently 1.6 days. Currently, 1.0% of the company’s shares are short sold.

Institutional Trading of FT Vest U.S. Small Cap Moderate Buffer ETF – May

A number of hedge funds and other institutional investors have recently bought and sold shares of SMAY. Sunbelt Securities Inc. increased its stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 68.8% in 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 shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May during the fourth quarter valued at $120,000. Arkadios Wealth Advisors purchased a new position in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May during the fourth quarter valued at $708,000. Advisory Services Network LLC increased its stake in shares of 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 valued at $1,515,000 after buying an additional 1,165 shares during the period. Finally, Kestra Advisory Services LLC increased its stake in shares of 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 valued at $950,000 after buying an additional 11,393 shares during the period.

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

SMAY stock traded down $0.01 during midday trading on Wednesday, reaching $27.79. The company’s stock had a trading volume of 22,572 shares, compared to its average volume of 15,230. The stock has a fifty day simple moving average of $26.87 and a two-hundred day simple moving average of $26.36. FT Vest U.S. Small Cap Moderate Buffer ETF – May has a 1 year low of $23.15 and a 1 year high of $27.84. The firm has a market capitalization of $113.94 million, a price-to-earnings ratio of 16.31 and a beta of 0.73.

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.