Short Interest in FT Vest Nasdaq-100 Moderate Buffer ETF – May (BATS:QMMY) Declines By 47.9%

FT Vest Nasdaq-100 Moderate Buffer ETF – May (BATS:QMMY) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 36,417 shares, a drop of 47.9% from the July 15th total of 69,872 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 29,150 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Investors Weigh In On FT Vest Nasdaq-100 Moderate Buffer ETF – May

Several hedge funds have recently added to or reduced their stakes in the company. First Heartland Consultants Inc. boosted its stake in FT Vest Nasdaq-100 Moderate Buffer ETF – May by 46.1% in the second quarter. First Heartland Consultants Inc. now owns 15,935 shares of the company’s stock worth $422,000 after buying an additional 5,030 shares in the last quarter. Sunbelt Securities Inc. grew its holdings in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – May by 54.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 23,425 shares of the company’s stock valued at $574,000 after purchasing an additional 8,290 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in shares of FT Vest Nasdaq-100 Moderate Buffer ETF – May by 58.3% during the 1st quarter. Kestra Advisory Services LLC now owns 178,508 shares of the company’s stock valued at $4,433,000 after purchasing an additional 65,729 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in FT Vest Nasdaq-100 Moderate Buffer ETF – May by 1.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 242,677 shares of the company’s stock worth $6,076,000 after purchasing an additional 3,719 shares during the period.

FT Vest Nasdaq-100 Moderate Buffer ETF – May Stock Performance

Shares of BATS:QMMY opened at $26.64 on Monday. FT Vest Nasdaq-100 Moderate Buffer ETF – May has a 52-week low of $23.82 and a 52-week high of $26.77. The firm has a fifty day moving average of $26.16 and a 200 day moving average of $25.74.

About FT Vest Nasdaq-100 Moderate Buffer ETF – May

The FT Vest Nasdaq-100 Moderate Buffer ETF – May (QMMY) 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. QMMY was launched on May 17, 2024 and is issued by First Trust.