Short Interest in FT Vest U.S. Equity Moderate Buffer ETF – March (BATS:GMAR) Drops By 68.8%

FT Vest U.S. Equity Moderate Buffer ETF – March (BATS:GMAR) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 7,283 shares, a decrease of 68.8% from the May 31st total of 23,346 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 5,967 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Capital Investment Advisory Services LLC acquired a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – March in the fourth quarter valued at $30,000. Smartleaf Asset Management LLC bought a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – March in the 4th quarter worth approximately $38,000. Advisory Services Network LLC acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – March during the third quarter valued at approximately $47,000. Fifth Third Bancorp acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – March during the fourth quarter valued at approximately $114,000. Finally, Geneos Wealth Management Inc. boosted its holdings in FT Vest U.S. Equity Moderate Buffer ETF – March by 60.1% during the second quarter. Geneos Wealth Management Inc. now owns 4,045 shares of the company’s stock worth $158,000 after buying an additional 1,519 shares in the last quarter.

FT Vest U.S. Equity Moderate Buffer ETF – March Trading Down 0.1%

FT Vest U.S. Equity Moderate Buffer ETF – March stock opened at $43.94 on Friday. The stock has a market cap of $495.64 million, a price-to-earnings ratio of 24.71 and a beta of 0.41. The company’s 50-day moving average price is $43.85 and its two-hundred day moving average price is $42.19. FT Vest U.S. Equity Moderate Buffer ETF – March has a 52 week low of $38.82 and a 52 week high of $44.32.

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

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – March (GMAR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively managed fund holds options and collateral. GMAR was launched on Mar 17, 2023 and is managed by First Trust.