First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) Short Interest Up 315.2% in June

First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 6,082 shares, a growth of 315.2% from the May 31st total of 1,465 shares. Based on an average daily volume of 6,783 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.5% of the shares of the company are short sold.

First Trust Small Cap BuyWrite Income ETF Price Performance

FTKI traded up $0.04 during trading on Friday, reaching $19.82. 2,787 shares of the company’s stock were exchanged, compared to its average volume of 14,677. First Trust Small Cap BuyWrite Income ETF has a 1 year low of $18.07 and a 1 year high of $20.69. The stock has a market capitalization of $22.79 million, a P/E ratio of 17.98 and a beta of 0.33. The company’s fifty day simple moving average is $19.73 and its 200-day simple moving average is $19.56.

Institutional Inflows and Outflows

An institutional investor recently raised its position in First Trust Small Cap BuyWrite Income ETF stock. Royal Bank of Canada boosted its holdings in shares of First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) by 203.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,582 shares of the company’s stock after purchasing an additional 11,791 shares during the period. Royal Bank of Canada owned about 1.53% of First Trust Small Cap BuyWrite Income ETF worth $340,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.