Short Interest in First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) Decreases By 87.1%

First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) was the recipient of a large drop in short interest in February. As of February 27th, there was short interest totaling 101 shares, a drop of 87.1% from the February 12th total of 781 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,065 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 3,065 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.2% of the shares of the stock are sold short.

First Trust Small Cap BuyWrite Income ETF Trading Down 0.2%

Shares of FTKI traded down $0.03 during midday trading on Tuesday, reaching $19.72. The stock had a trading volume of 3,810 shares, compared to its average volume of 29,674. The company’s 50-day moving average is $19.59 and its 200 day moving average is $19.06. First Trust Small Cap BuyWrite Income ETF has a 12-month low of $16.93 and a 12-month high of $20.64. The company has a market capitalization of $986,000.00, a price-to-earnings ratio of 17.98 and a beta of -0.85.

First Trust Small Cap BuyWrite Income ETF Company Profile

The First Trust Small Cap BuyWrite Income ETF (FTKI) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks to provide current income and capital appreciation by holding a portfolio of US-listed small cap equities, while utilizing a naked call writing strategy on the Russell 2000 Index or on small-cap ETF. FTKI was launched on Feb 26, 2025 and is issued by First Trust.