Short Interest in FT Vest U.S. Equity Max Buffer ETF – May (BATS:MAYM) Drops By 70.6%

FT Vest U.S. Equity Max Buffer ETF – May (BATS:MAYM) saw a large drop in short interest in April. As of April 30th, there was short interest totaling 2,873 shares, a drop of 70.6% from the April 15th total of 9,781 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,462 shares, the short-interest ratio is presently 2.0 days.

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

A number of institutional investors have recently made changes to their positions in MAYM. Maia Wealth LLC purchased a new position in FT Vest U.S. Equity Max Buffer ETF – May in the 3rd quarter worth $2,901,000. IMC Chicago LLC bought a new position in shares of FT Vest U.S. Equity Max Buffer ETF – May during the fourth quarter valued at about $1,362,000. Riggs Asset Managment Co. Inc. purchased a new position in shares of FT Vest U.S. Equity Max Buffer ETF – May in the second quarter worth about $162,000. Jane Street Group LLC purchased a new position in shares of FT Vest U.S. Equity Max Buffer ETF – May in the second quarter worth about $724,000. Finally, Captrust Financial Advisors bought a new stake in shares of FT Vest U.S. Equity Max Buffer ETF – May in the 2nd quarter valued at about $665,000.

FT Vest U.S. Equity Max Buffer ETF – May Stock Up 0.0%

Shares of MAYM opened at $32.83 on Wednesday. The stock has a 50 day simple moving average of $32.51 and a two-hundred day simple moving average of $32.27. FT Vest U.S. Equity Max Buffer ETF – May has a 1 year low of $30.77 and a 1 year high of $33.03.

About FT Vest U.S. Equity Max Buffer ETF – May

First Trust Exchange-Traded Fund VIII – FT Vest U.S. Equity Max Buffer ETF – May is an exchange traded fund launched and managed by First Trust Advisors LP. The fund is co-managed by Vest Financial LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as FLexible EXchange Options that reference the price performance of the SPDR S&P 500 ETF Trust to create its portfolio.