First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) Short Interest Update

First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 2,901 shares, a decline of 55.5% from the August 31st total of 6,513 shares. Based on an average trading volume of 9,308 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On First Trust Small Cap BuyWrite Income ETF

An institutional investor recently raised its position in First Trust Small Cap BuyWrite Income ETF stock. Royal Bank of Canada lifted its position in shares of First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) by 203.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,582 shares of the company’s stock after acquiring an additional 11,791 shares during the quarter. Royal Bank of Canada owned 1.53% of First Trust Small Cap BuyWrite Income ETF worth $340,000 as of its most recent SEC filing.

First Trust Small Cap BuyWrite Income ETF Stock Down 0.7%

Shares of FTKI traded down $0.14 during trading hours on Monday, reaching $19.19. 291 shares of the company traded hands, compared to its average volume of 12,012. The stock has a market capitalization of $25.91 million, a P/E ratio of 17.98 and a beta of 0.30. The business has a fifty day moving average price of $19.97 and a 200-day moving average price of $19.82. First Trust Small Cap BuyWrite Income ETF has a 12-month low of $18.07 and a 12-month high of $21.63.

About First Trust Small Cap BuyWrite Income ETF

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.