Short Interest in FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Expands By 532.4%

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 10,998 shares, an increase of 532.4% from the May 14th total of 1,739 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 16,610 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – March

Several institutional investors and hedge funds have recently modified their holdings of FMAR. Assetmark Inc. increased its position in FT Vest U.S. Equity Buffer ETF – March by 16.2% in the fourth quarter. Assetmark Inc. now owns 271,438 shares of the company’s stock worth $12,884,000 after purchasing an additional 37,827 shares during the last quarter. IMC Chicago LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – March in the fourth quarter worth $562,000. Integrity Alliance LLC. bought a new stake in FT Vest U.S. Equity Buffer ETF – March in the fourth quarter worth $494,000. Goldenstone Wealth Management LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – March in the fourth quarter worth $476,000. Finally, Fifth Third Bancorp bought a new stake in FT Vest U.S. Equity Buffer ETF – March in the fourth quarter worth $39,000.

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

Shares of FT Vest U.S. Equity Buffer ETF – March stock traded up $0.13 on Friday, hitting $51.98. 3,432 shares of the company traded hands, compared to its average volume of 39,469. The stock has a market capitalization of $1.04 billion, a P/E ratio of 23.86 and a beta of 0.59. FT Vest U.S. Equity Buffer ETF – March has a 52 week low of $43.78 and a 52 week high of $52.37. The business has a 50-day simple moving average of $51.16 and a 200 day simple moving average of $48.90.

About FT Vest U.S. Equity Buffer ETF – March

The FT Cboe Vest U.S. Equity Buffer ETF – March (FMAR) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPY over a specific holding period. The actively-managed fund holds options and collateral. FMAR was launched on Mar 19, 2021 and is managed by First Trust.