FT Vest Nasdaq-100 Moderate Buffer ETF – August (BATS:QMAG) Sees Significant Drop in Short Interest

FT Vest Nasdaq-100 Moderate Buffer ETF – August (BATS:QMAG) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 5,881 shares, a decline of 45.3% from the June 30th total of 10,755 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily volume of 4,593 shares, the days-to-cover ratio is currently 1.3 days.

FT Vest Nasdaq-100 Moderate Buffer ETF – August Trading Down 0.7%

QMAG opened at $25.09 on Thursday. The firm has a fifty day moving average price of $25.25 and a 200 day moving average price of $24.37. FT Vest Nasdaq-100 Moderate Buffer ETF – August has a 1 year low of $22.36 and a 1 year high of $25.54.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in FT Vest Nasdaq-100 Moderate Buffer ETF – August stock. Sunbelt Securities Inc. lifted its position in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – August (BATS:QMAG) by 14.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,702 shares of the company’s stock after acquiring an additional 2,952 shares during the quarter. Sunbelt Securities Inc. owned 0.91% of FT Vest Nasdaq-100 Moderate Buffer ETF – August worth $527,000 as of its most recent SEC filing.

FT Vest Nasdaq-100 Moderate Buffer ETF – August Company Profile

The FT Vest Nasdaq-100 Moderate Buffer ETF – August (QMAG) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively managed fund holds options and collateral. QMAG was launched on Aug 16, 2024 and is issued by First Trust.