First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) Stock Short Interest Climbs 62.2%

First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 193 shares, an increase of 62.2% from the September 30th total of 119 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 7,942 shares, the days-to-cover ratio is currently 0.0 days.

First Trust Small Cap BuyWrite Income ETF Stock Up 0.6%

Shares of NYSEARCA FTKI traded up $0.12 on Monday, hitting $19.64. The company had a trading volume of 21,671 shares, compared to its average volume of 11,270. First Trust Small Cap BuyWrite Income ETF has a 12-month low of $18.12 and a 12-month high of $21.63. The business has a 50 day moving average of $19.68 and a two-hundred day moving average of $19.75. The firm has a market capitalization of $25.54 million, a P/E ratio of 17.98 and a beta of 0.34.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Wedbush Securities Inc. purchased a new stake in shares of First Trust Small Cap BuyWrite Income ETF during the third quarter valued at approximately $207,000. Integrity Alliance LLC. bought a new position in First Trust Small Cap BuyWrite Income ETF during the 3rd quarter worth approximately $221,000. Royal Bank of Canada lifted its stake in First Trust Small Cap BuyWrite Income ETF by 203.6% during the first quarter. Royal Bank of Canada now owns 17,582 shares of the company’s stock worth $340,000 after purchasing an additional 11,791 shares during the last quarter. Finally, Tactive Advisors LLC acquired a new position in shares of First Trust Small Cap BuyWrite Income ETF in the 3rd quarter valued at about $684,000.

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.