Short Interest in FT Vest U.S. Equity Max Buffer ETF – May (BATS:MAYM) Expands By 131.6%

FT Vest U.S. Equity Max Buffer ETF – May (BATS:MAYMGet Free Report) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 6,653 shares, an increase of 131.6% from the April 30th total of 2,873 shares. Approximately 1.2% of the shares of the stock are short sold. Based on an average daily volume of 9,474 shares, the days-to-cover ratio is presently 0.7 days.

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

MAYM traded up $0.01 on Tuesday, hitting $32.98. 3,503 shares of the stock were exchanged, compared to its average volume of 10,294. The business has a 50-day moving average of $32.65 and a two-hundred day moving average of $32.37. FT Vest U.S. Equity Max Buffer ETF – May has a 12 month low of $30.91 and a 12 month high of $33.13.

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

A number of institutional investors and hedge funds have recently bought and sold shares of MAYM. Advisory Services Network LLC purchased a new position in FT Vest U.S. Equity Max Buffer ETF – May during the 3rd quarter worth $49,000. Ameritas Advisory Services LLC purchased a new position in FT Vest U.S. Equity Max Buffer ETF – May during the third quarter worth about $57,000. Osaic Holdings Inc. purchased a new position in FT Vest U.S. Equity Max Buffer ETF – May during the second quarter worth about $101,000. Kestra Advisory Services LLC bought a new stake in FT Vest U.S. Equity Max Buffer ETF – May in the 4th quarter worth about $149,000. Finally, Barclays PLC increased its stake in FT Vest U.S. Equity Max Buffer ETF – May by 28.5% in the 4th quarter. Barclays PLC now owns 5,012 shares of the company’s stock valued at $161,000 after buying an additional 1,113 shares during the last quarter.

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

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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.

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